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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 2024-11-06 View latest technical analysis

10 day averaged volume of Kitex Garments is 862385

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	620.05	620.80	634.80	606.75	0.564 times
05 Tue Nov 2024	615.80	653.00	667.15	611.75	1.345 times
04 Mon Nov 2024	643.95	639.90	643.95	626.90	2.548 times
01 Fri Nov 2024	613.30	613.30	613.30	613.30	0.156 times
31 Thu Oct 2024	584.10	584.10	584.10	575.05	1.039 times
30 Wed Oct 2024	556.30	543.95	565.45	511.65	1.555 times
29 Tue Oct 2024	538.55	520.90	540.00	520.85	0.507 times
28 Mon Oct 2024	514.85	508.05	532.20	502.50	0.73 times
25 Fri Oct 2024	506.90	516.95	530.00	483.30	1.22 times
24 Thu Oct 2024	508.70	494.00	508.70	490.10	0.534 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 589.9, but if it comes below 589.9, then a intra day sell could be more profitable.
If you take a sell trade below 589.9, then use 589.9 as stoploss and 540.81 as target. However if you take a buy trade in stock , then use 589.9 as stoploss and 648.8 as target.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	208.00
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
Downside Target	542.00
Downside Target	565.00
Downside Target	584.10
Downside Target	606.75
Downside Target	613.30
Upside Target	667.15

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	595.48
Downside Intraday Target	570.92
Upside Intraday Target	655.88
Upside Intraday Target	691.72
Upside Intraday Target	631.32

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	620.05	639.90	667.15	606.75	1.118 times
01 Fri Nov 2024	613.30	508.05	613.30	502.50	1.371 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

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
06 Wed Nov 2024	620.05	613.30	667.15	606.75	0.305 times
31 Thu Oct 2024	584.10	541.95	584.10	460.80	0.688 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 losing 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 SELL signal for Kitex Garments in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 581.02 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.