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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 2024-09-12 View latest technical analysis

10 day averaged volume of Kitex Garments is 1250312

Date	Daily Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	491.75	482.00	491.75	470.20	0.492 times
11 Wed Sep 2024	468.35	472.95	484.70	462.65	0.654 times
10 Tue Sep 2024	465.80	504.00	504.80	464.00	1.109 times
09 Mon Sep 2024	488.40	466.85	488.40	460.25	1.167 times
06 Fri Sep 2024	465.15	424.80	467.60	412.00	1.523 times
05 Thu Sep 2024	425.10	422.50	440.00	422.50	0.72 times
04 Wed Sep 2024	421.35	409.00	441.85	401.70	2.599 times
03 Tue Sep 2024	401.70	366.00	401.70	361.90	1.42 times
02 Mon Sep 2024	365.20	371.00	371.00	356.35	0.223 times
30 Fri Aug 2024	367.02	362.95	373.70	356.50	0.266 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 509.1, for a target of 449 or 398.84

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	177.00
Downside Target	194.00
Downside Target	208.00
Downside Target	219.40
Downside Target	228.85
Downside Target	239.25
Downside Target	325.15
Downside Target	339.10
Downside Target	353.60
Downside Target	384.75
Downside Target	393.85
Downside Target	460.25
Downside Target	467.60
Upside Target	504.80

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	466.4
Downside Intraday Target	441.05
Upside Intraday Target	510.95
Upside Intraday Target	530.15
Downside Intraday Target	485.6

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Thu Sep 2024	491.75	466.85	504.80	460.25	0.528 times
06 Fri Sep 2024	465.15	371.00	467.60	356.35	3.352 times
30 Fri Aug 2024	367.02	383.70	384.75	353.60	0.119 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

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 Thu Sep 2024	491.75	371.00	504.80	356.35	0.22 times
30 Fri Aug 2024	367.02	235.40	393.85	209.42	7.697 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

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 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 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 positive zone. This is a BUY zone

Stock of Kitex Garments is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 441.74 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.