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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 2024-08-08 View latest technical analysis

10 day averaged volume of Kitex Garments is 1208745

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	248.63	255.57	256.94	246.75	0.786 times
07 Wed Aug 2024	255.57	252.92	274.35	251.01	4.726 times
06 Tue Aug 2024	246.64	217.00	251.00	216.00	3.491 times
05 Mon Aug 2024	210.80	218.85	220.67	209.42	0.315 times
02 Fri Aug 2024	227.63	224.00	229.82	220.00	0.104 times
01 Thu Aug 2024	227.82	235.40	235.84	225.59	0.196 times
31 Wed Jul 2024	234.18	233.45	236.99	231.70	0.18 times
30 Tue Jul 2024	231.75	232.90	237.01	231.05	0.162 times
29 Mon Jul 2024	231.21	232.90	236.30	229.00	0.271 times
26 Fri Jul 2024	231.25	226.45	236.34	225.50	0.399 times

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 253.2, for a target of 239.4 or 227.98

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	274.35

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	213.92
Downside Intraday Target	179.2
Upside Intraday Target	278.85
Upside Intraday Target	309.06
Downside Intraday Target	244.13

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	248.63	218.85	274.35	209.42	10.213 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
08 Thu Aug 2024	248.63	235.40	274.35	209.42	1.593 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, and volume has increased substantially. This means that the move can 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 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 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 losing 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 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 247.75 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.