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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 2024-10-22 View latest technical analysis

10 day averaged volume of Kitex Garments is 383435

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	461.45	485.05	494.00	460.80	1.02 times
21 Mon Oct 2024	485.05	512.20	516.45	484.30	0.758 times
18 Fri Oct 2024	509.75	510.00	516.80	491.00	0.567 times
17 Thu Oct 2024	508.75	537.00	538.80	507.75	0.862 times
16 Wed Oct 2024	534.45	523.00	538.05	520.00	0.66 times
15 Tue Oct 2024	523.40	543.40	543.40	520.50	0.659 times
14 Mon Oct 2024	533.85	528.85	546.50	505.60	1.274 times
11 Fri Oct 2024	522.45	565.00	565.00	522.45	1.464 times
10 Thu Oct 2024	549.95	549.95	549.95	543.35	1.093 times
09 Wed Oct 2024	523.80	504.90	523.80	503.00	0.446 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 481.1, but if it comes above 481.1, then a intra day buy could be more profitable.
If you take a sell trade below 481.1, then use 481.1 as stoploss and 447.1 as target. However if you take a buy trade in stock , then use 481.1 as stoploss and 509.49 as target.

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
Upside Target	477.15
Upside Target	491.00
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	442.68
Downside Intraday Target	423.92
Upside Intraday Target	498.33
Upside Intraday Target	535.22
Upside Intraday Target	479.57

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	461.45	512.20	516.45	460.80	0.442 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
22 Tue Oct 2024	461.45	541.95	575.00	460.80	0.417 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 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 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 Strong 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 SELL signal in short term and selling is picking up 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 516.11 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.