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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 2024-07-11 View latest technical analysis

10 day averaged volume of Kitex Garments is 236996

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	216.81	215.50	220.75	215.37	0.64 times
10 Wed Jul 2024	214.61	217.29	217.96	210.15	0.755 times
09 Tue Jul 2024	217.06	215.00	219.90	215.00	0.638 times
08 Mon Jul 2024	216.80	222.00	222.00	214.48	1.092 times
05 Fri Jul 2024	221.02	213.25	222.76	212.46	2.906 times
04 Thu Jul 2024	212.93	212.20	216.00	211.85	0.702 times
03 Wed Jul 2024	211.79	214.99	215.83	211.30	0.43 times
02 Tue Jul 2024	213.45	214.07	216.00	210.15	0.574 times
01 Mon Jul 2024	213.18	210.80	215.75	208.00	0.999 times
28 Fri Jun 2024	209.34	206.86	214.99	206.86	0.977 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 216.4, but if it comes below 216.4, then a intra day sell could be more profitable.
If you take a sell trade below 216.4, then use 216.4 as stoploss and 212.72 as target. However if you take a buy trade in stock , then use 216.4 as stoploss and 220.8 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	203.66
Upside Target	218.00
Upside Target	219.40
Upside Target	222.00
Upside Target	222.76
Upside Target	228.85
Upside Target	251.00

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	210.64
Downside Intraday Target	204.47
Upside Intraday Target	222.49
Upside Intraday Target	228.17
Downside Intraday Target	216.32

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jul 2024	216.81	222.00	222.00	210.15	0.557 times
05 Fri Jul 2024	221.02	210.80	222.76	208.00	1.449 times
28 Fri Jun 2024	209.34	213.42	219.40	205.00	1.017 times
21 Fri Jun 2024	213.42	212.00	218.00	204.06	1.16 times
14 Fri Jun 2024	210.54	206.85	215.00	203.66	0.771 times

Price has moved down 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
11 Thu Jul 2024	216.81	210.80	222.76	208.00	0.574 times
28 Fri Jun 2024	209.34	209.10	219.40	177.00	1.03 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Kitex Garments ( (KITEX) ) based on a short 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 short to mid 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 216.09 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.