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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 2024-10-21 View latest technical analysis

10 day averaged volume of Kitex Garments is 381942

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	485.05	512.20	516.45	484.30	0.761 times
18 Fri Oct 2024	509.75	510.00	516.80	491.00	0.569 times
17 Thu Oct 2024	508.75	537.00	538.80	507.75	0.865 times
16 Wed Oct 2024	534.45	523.00	538.05	520.00	0.663 times
15 Tue Oct 2024	523.40	543.40	543.40	520.50	0.661 times
14 Mon Oct 2024	533.85	528.85	546.50	505.60	1.279 times
11 Fri Oct 2024	522.45	565.00	565.00	522.45	1.469 times
10 Thu Oct 2024	549.95	549.95	549.95	543.35	1.097 times
09 Wed Oct 2024	523.80	504.90	523.80	503.00	0.448 times
08 Tue Oct 2024	498.90	477.15	514.00	477.15	2.226 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 481.8 as stoploss in an intra day buy trade for a target of 509.76. However, stock will show a bearish move below 481.8.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	177.00
Downside Target	208.00
Downside Target	219.40
Downside Target	239.25
Downside Target	356.35
Downside Target	393.85
Downside Target	451.95
Downside Target	477.15
Upside Target	510.55
Upside Target	542.00
Upside Target	546.50
Upside Target	565.00
Upside Target	575.00

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	474.08
Downside Intraday Target	463.12
Upside Intraday Target	506.23
Upside Intraday Target	527.42
Upside Intraday Target	495.27

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	485.05	512.20	516.45	484.30	0.188 times
18 Fri Oct 2024	509.75	528.85	546.50	491.00	0.677 times
11 Fri Oct 2024	522.45	516.00	565.00	477.15	0.63 times
04 Fri Oct 2024	528.65	516.15	575.00	510.55	1.821 times
27 Fri Sep 2024	491.60	485.95	495.95	451.95	0.579 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
21 Mon Oct 2024	485.05	541.95	575.00	477.15	0.397 times
30 Mon Sep 2024	516.15	371.00	542.00	356.35	0.337 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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Kitex Garments ( (KITEX) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Kitex Garments in short term but the sell signal is initial and weak.

Kitex Garments Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Kitex Garments in short term and SELL 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

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 517.87 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.