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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 2024-07-16 View latest technical analysis

10 day averaged volume of Kitex Garments is 225844

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	233.70	220.80	239.25	219.82	8.425 times
15 Mon Jul 2024	219.80	220.85	222.00	216.50	1.355 times
12 Fri Jul 2024	215.95	217.95	218.75	215.22	0.526 times
11 Thu Jul 2024	216.81	215.50	220.75	215.37	0.672 times
10 Wed Jul 2024	214.61	217.29	217.96	210.15	0.792 times
09 Tue Jul 2024	217.06	215.00	219.90	215.00	0.67 times
08 Mon Jul 2024	216.80	222.00	222.00	214.48	1.145 times
05 Fri Jul 2024	221.02	213.25	222.76	212.46	3.05 times
04 Thu Jul 2024	212.93	212.20	216.00	211.85	0.737 times
03 Wed Jul 2024	211.79	214.99	215.83	211.30	0.451 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 227.3, for a target of 220.5 or 214.83

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	177.00
Downside Target	184.80
Downside Target	194.00
Downside Target	204.06
Downside Target	216.50
Downside Target	219.40
Downside Target	222.00
Downside Target	222.76
Downside Target	228.85
Upside Target	239.25
Upside Target	251.00

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	220.38
Downside Intraday Target	207.07
Upside Intraday Target	243.13
Upside Intraday Target	252.57
Downside Intraday Target	229.82

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	233.70	220.85	239.25	216.50	2.571 times
12 Fri Jul 2024	215.95	222.00	222.00	210.15	0.646 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Kitex Garments (KITEX)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jul 2024	233.70	210.80	239.25	208.00	1.219 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong 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 stronger in this stock.

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 positive zone. This is a BUY 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 225.34 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.