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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 2024-10-29 View latest technical analysis

10 day averaged volume of Kitex Garments is 419196

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	538.55	520.90	540.00	520.85	1.044 times
28 Mon Oct 2024	514.85	508.05	532.20	502.50	1.502 times
25 Fri Oct 2024	506.90	516.95	530.00	483.30	2.51 times
24 Thu Oct 2024	508.70	494.00	508.70	490.10	1.098 times
23 Wed Oct 2024	484.50	475.00	484.50	473.75	0.75 times
22 Tue Oct 2024	461.45	485.05	494.00	460.80	0.933 times
21 Mon Oct 2024	485.05	512.20	516.45	484.30	0.693 times
18 Fri Oct 2024	509.75	510.00	516.80	491.00	0.518 times
17 Thu Oct 2024	508.75	537.00	538.80	507.75	0.789 times
16 Wed Oct 2024	534.45	523.00	538.05	520.00	0.604 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 539.7 as stoploss in an intra day sell trade for a target of 516.73. However, stock will show a bullish move above 539.7.

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	460.80
Downside Target	477.15
Downside Target	491.00
Downside Target	502.50
Downside Target	530.00
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	514.03
Downside Intraday Target	489.52
Upside Intraday Target	551.53
Upside Intraday Target	564.52
Downside Intraday Target	527.02

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	538.55	508.05	540.00	502.50	0.425 times
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

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
29 Tue Oct 2024	538.55	541.95	575.00	460.80	0.57 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

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

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 stronger in this stock.

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 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 506.15 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.