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(KITEX) Kitex Garments complete technical analysis [charts+indicators] | Buy/Sell Kitex Garments | (KITEX) share price targets

Complete technical analysis of Kitex Garments (KITEX) by charts plus indicators, forecast predictions and share price targets for Kitex Garments (KITEX)

Kitex Garments trades in NSE in Other Apparels & Accessories sector.

Showing technical analysis as on 2024-06-20 View latest technical analysis

10 day averaged volume of Kitex Garments is 166417

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	214.18	208.25	217.30	207.45	2.46 times
19 Wed Jun 2024	206.19	209.90	209.90	204.06	0.807 times
18 Tue Jun 2024	208.03	212.00	213.50	206.05	1.28 times
14 Fri Jun 2024	210.54	209.75	212.70	208.29	0.756 times
13 Thu Jun 2024	208.74	208.94	210.50	206.00	0.843 times
12 Wed Jun 2024	207.75	211.35	212.90	206.97	0.947 times
11 Tue Jun 2024	210.51	205.00	215.00	204.20	1.527 times
10 Mon Jun 2024	204.45	206.85	206.99	203.66	0.602 times
07 Fri Jun 2024	203.20	198.20	204.00	198.20	0.914 times
06 Thu Jun 2024	196.50	193.85	198.45	193.65	0.872 times

Stock of Kitex Garments (KITEX) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 211, but if it comes below 211, then a intra day sell could be more profitable.
If you take a sell trade below 211, then use 211 as stoploss and 204.77 as target. However if you take a buy trade in stock , then use 211 as stoploss and 218.5 as target.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	177.00
Downside Target	184.80
Downside Target	194.00
Downside Target	198.70
Downside Target	203.66
Downside Target	208.35
Upside Target	217.30
Upside Target	228.85
Upside Target	234.15
Upside Target	251.00
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	206.39
Downside Intraday Target	198.61
Upside Intraday Target	219.63
Upside Intraday Target	225.09
Downside Intraday Target	211.85

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	214.18	212.00	217.30	204.06	0.973 times
14 Fri Jun 2024	210.54	206.85	215.00	203.66	0.771 times
07 Fri Jun 2024	203.20	209.10	209.10	177.00	2.042 times
31 Fri May 2024	201.90	216.00	216.00	198.70	0.361 times
24 Fri May 2024	210.50	225.00	228.85	208.35	1.717 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Kitex Garments (KITEX)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Thu Jun 2024	214.18	209.10	217.30	177.00	0.726 times
31 Fri May 2024	201.90	204.40	228.85	194.00	1.023 times
30 Tue Apr 2024	203.50	185.00	211.00	184.80	0.622 times
28 Thu Mar 2024	181.95	242.35	251.00	178.35	0.355 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Kitex Garments (KITEX)

Price action analysis of Kitex Garments ( (KITEX) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Kitex Garments ( (KITEX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Kitex Garments ( (KITEX) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Kitex Garments stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Kitex Garments in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Kitex Garments Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Kitex Garments in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Kitex Garments is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 208.31 and Kitex Garments (KITEX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Kitex Garments (KITEX) stock. Volume based technical analysis of Kitex Garments (KITEX) stock is negative.

Kitex Garments Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.