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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 2024-08-20 View latest technical analysis

10 day averaged volume of Kitex Garments is 4513802

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	344.31	380.00	393.85	339.00	0.794 times
19 Mon Aug 2024	369.84	328.40	375.00	325.15	2.673 times
16 Fri Aug 2024	323.82	284.00	339.10	277.00	3.051 times
14 Wed Aug 2024	286.20	241.00	286.69	230.00	1.415 times
13 Tue Aug 2024	238.91	243.02	247.80	237.55	0.071 times
12 Mon Aug 2024	245.59	242.29	252.00	239.64	0.127 times
09 Fri Aug 2024	241.11	251.10	254.00	239.39	0.167 times
08 Thu Aug 2024	248.63	255.57	256.94	246.75	0.211 times
07 Wed Aug 2024	255.57	252.92	274.35	251.01	1.265 times
06 Tue Aug 2024	246.64	217.00	251.00	216.00	0.935 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 346.8, for a target of 295.7 or 253.05

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	219.40
Downside Target	228.85
Downside Target	236.34
Downside Target	239.25
Downside Target	274.35
Downside Target	325.15
Downside Target	339.10
Upside Target	393.85

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	315.02
Downside Intraday Target	285.74
Upside Intraday Target	383.72
Upside Intraday Target	423.14
Upside Intraday Target	354.44

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	344.31	328.40	393.85	325.15	0.743 times
16 Fri Aug 2024	323.82	242.29	339.10	230.00	1.752 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

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
20 Tue Aug 2024	344.31	235.40	393.85	209.42	6.724 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 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 312.79 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.