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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 2024-08-12 View latest technical analysis

10 day averaged volume of Kitex Garments is 1312122

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	245.59	242.29	252.00	239.64	0.437 times
09 Fri Aug 2024	241.11	251.10	254.00	239.39	0.576 times
08 Thu Aug 2024	248.63	255.57	256.94	246.75	0.724 times
07 Wed Aug 2024	255.57	252.92	274.35	251.01	4.353 times
06 Tue Aug 2024	246.64	217.00	251.00	216.00	3.216 times
05 Mon Aug 2024	210.80	218.85	220.67	209.42	0.29 times
02 Fri Aug 2024	227.63	224.00	229.82	220.00	0.096 times
01 Thu Aug 2024	227.82	235.40	235.84	225.59	0.181 times
31 Wed Jul 2024	234.18	233.45	236.99	231.70	0.166 times
30 Tue Jul 2024	231.75	232.90	237.01	231.05	0.149 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 242.3, but if it comes below 242.3, then a intra day sell could be more profitable.
If you take a sell trade below 242.3, then use 242.3 as stoploss and 230.68 as target. However if you take a buy trade in stock , then use 242.3 as stoploss and 256.2 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	208.00
Downside Target	216.50
Downside Target	228.85
Downside Target	236.34
Downside Target	239.25
Downside Target	239.64
Upside Target	252.00
Upside Target	274.35

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	239.49
Downside Intraday Target	233.38
Upside Intraday Target	251.85
Upside Intraday Target	258.1
Upside Intraday Target	245.74

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Aug 2024	245.59	242.29	252.00	239.64	0.048 times
09 Fri Aug 2024	241.11	218.85	274.35	209.42	10.899 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

Price has moved up 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
12 Mon Aug 2024	245.59	235.40	274.35	209.42	1.775 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 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 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 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 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 248.29 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. 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.