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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 2024-10-25 View latest technical analysis

10 day averaged volume of Kitex Garments is 355984

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	506.90	516.95	530.00	483.30	2.956 times
24 Thu Oct 2024	508.70	494.00	508.70	490.10	1.293 times
23 Wed Oct 2024	484.50	475.00	484.50	473.75	0.883 times
22 Tue Oct 2024	461.45	485.05	494.00	460.80	1.098 times
21 Mon Oct 2024	485.05	512.20	516.45	484.30	0.816 times
18 Fri Oct 2024	509.75	510.00	516.80	491.00	0.61 times
17 Thu Oct 2024	508.75	537.00	538.80	507.75	0.929 times
16 Wed Oct 2024	534.45	523.00	538.05	520.00	0.711 times
15 Tue Oct 2024	523.40	543.40	543.40	520.50	0.71 times
14 Mon Oct 2024	533.85	528.85	546.50	505.60	1.373 times

Stock of Kitex Garments (KITEX) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 491.4 or till 463.8. Use a stoploss of 514.45 and if the stock hits stoploss, then it can shoot up till 537.49

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
Downside Target	491.00
Upside Target	510.55
Upside Target	530.00
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	468.47
Downside Intraday Target	430.03
Upside Intraday Target	537.67
Upside Intraday Target	568.43
Downside Intraday Target	499.23

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	506.90	512.20	530.00	460.80	1.627 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Kitex Garments (KITEX)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	506.90	541.95	575.00	460.80	0.514 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

Kitex Garments Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls 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 but BUY 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

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 505.72 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 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.