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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 2024-08-01 View latest technical analysis

10 day averaged volume of Kitex Garments is 290236

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	227.82	235.40	235.84	225.59	0.816 times
31 Wed Jul 2024	234.18	233.45	236.99	231.70	0.748 times
30 Tue Jul 2024	231.75	232.90	237.01	231.05	0.673 times
29 Mon Jul 2024	231.21	232.90	236.30	229.00	1.128 times
26 Fri Jul 2024	231.25	226.45	236.34	225.50	1.66 times
25 Thu Jul 2024	225.01	223.46	226.01	220.78	0.656 times
24 Wed Jul 2024	223.46	217.19	228.43	217.19	0.97 times
23 Tue Jul 2024	217.19	218.88	223.50	212.10	0.752 times
22 Mon Jul 2024	218.06	216.00	223.79	212.58	0.707 times
19 Fri Jul 2024	217.54	224.10	226.24	217.00	0.993 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 229.4 as stoploss in an intra day sell trade for a target of 222.64. However, stock will show a bullish move above 229.4.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	177.00
Downside Target	184.80
Downside Target	194.00
Downside Target	208.00
Downside Target	216.50
Downside Target	225.59
Upside Target	228.85
Upside Target	235.84
Upside Target	236.34
Upside Target	237.01
Upside Target	239.25

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	223.27
Downside Intraday Target	218.72
Upside Intraday Target	234.69
Upside Intraday Target	241.56
Upside Intraday Target	230.14

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	227.82	232.90	237.01	225.59	0.709 times
26 Fri Jul 2024	231.25	216.00	236.34	212.10	0.46 times
19 Fri Jul 2024	217.54	220.85	239.25	216.50	3.485 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

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
01 Thu Aug 2024	227.82	235.40	235.84	225.59	0.032 times
31 Wed Jul 2024	234.18	210.80	239.25	208.00	2.024 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

Scroll below to view daily charts

Price has moved down 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 losing momentum.

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

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Kitex Garments in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 226.26 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.