Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-29 View latest technical analysis

10 day averaged volume of Kitex Garments is 4218162

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	363.18	368.50	372.00	353.60	0.094 times
28 Wed Aug 2024	368.72	369.45	378.10	365.15	0.114 times
27 Tue Aug 2024	367.16	366.85	374.00	360.11	0.105 times
26 Mon Aug 2024	370.25	383.70	384.75	363.25	0.181 times
23 Fri Aug 2024	382.33	380.95	392.00	375.00	0.313 times
22 Thu Aug 2024	376.95	352.86	379.57	344.00	0.49 times
21 Wed Aug 2024	350.37	347.75	356.00	335.25	0.307 times
20 Tue Aug 2024	344.31	380.00	393.85	339.00	0.849 times
19 Mon Aug 2024	369.84	328.40	375.00	325.15	2.86 times
16 Fri Aug 2024	323.82	284.00	339.10	277.00	3.265 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 364.3 as stoploss in an intra day sell trade for a target of 302.29. However, stock will show a bullish move above 364.3.

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	237.01
Downside Target	274.35
Downside Target	325.15
Downside Target	339.10
Downside Target	353.60
Upside Target	384.75
Upside Target	393.85

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	349.6
Downside Intraday Target	336.03
Upside Intraday Target	380.75
Upside Intraday Target	398.33
Upside Intraday Target	367.18

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	363.18	383.70	384.75	353.60	0.103 times
23 Fri Aug 2024	382.33	328.40	393.85	325.15	0.966 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

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
29 Thu Aug 2024	363.18	235.40	393.85	209.42	7.651 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 and the buying is gaining 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 349.85 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.