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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 2024-08-06 View latest technical analysis

10 day averaged volume of Kitex Garments is 265527

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	246.64	217.00	251.00	216.00	15.892 times
05 Mon Aug 2024	210.80	218.85	220.67	209.42	1.434 times
02 Fri Aug 2024	227.63	224.00	229.82	220.00	0.474 times
01 Thu Aug 2024	227.82	235.40	235.84	225.59	0.892 times
31 Wed Jul 2024	234.18	233.45	236.99	231.70	0.818 times
30 Tue Jul 2024	231.75	232.90	237.01	231.05	0.736 times
29 Mon Jul 2024	231.21	232.90	236.30	229.00	1.233 times
26 Fri Jul 2024	231.25	226.45	236.34	225.50	1.815 times
25 Thu Jul 2024	225.01	223.46	226.01	220.78	0.717 times
24 Wed Jul 2024	223.46	217.19	228.43	217.19	1.06 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 243.3, for a target of 233 or 224.36

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	228.85
Downside Target	236.34
Downside Target	237.01
Downside Target	239.25
Upside Target	251.00

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	220.37
Downside Intraday Target	194.11
Upside Intraday Target	261.95
Upside Intraday Target	277.27
Downside Intraday Target	235.69

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	246.64	218.85	251.00	209.42	4.172 times
02 Fri Aug 2024	227.63	232.90	237.01	220.00	0.801 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

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
06 Tue Aug 2024	246.64	235.40	251.00	209.42	0.68 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 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 term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 239.25 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.