Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-04 View latest technical analysis

10 day averaged volume of Kitex Garments is 276674

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	239.95	245.10	246.75	239.00	0.544 times
02 Sat Mar 2024	244.70	245.70	251.00	242.95	0.067 times
01 Fri Mar 2024	243.15	242.35	246.65	241.95	0.484 times
29 Thu Feb 2024	238.75	243.40	245.05	238.00	0.771 times
28 Wed Feb 2024	243.70	250.10	255.10	241.40	0.971 times
27 Tue Feb 2024	250.10	275.00	275.80	248.70	3.143 times
26 Mon Feb 2024	270.25	265.30	274.80	263.20	1.27 times
23 Fri Feb 2024	265.30	267.75	273.00	264.00	0.491 times
22 Thu Feb 2024	267.75	268.00	276.00	263.15	1.297 times
21 Wed Feb 2024	268.00	275.60	275.60	266.50	0.47 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 246.6, but if it comes above 246.6, then a intra day buy could be more profitable.
If you take a sell trade below 246.6, then use 246.6 as stoploss and 232.7 as target. However if you take a buy trade in stock , then use 246.6 as stoploss and 258.14 as target.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	195.15
Downside Target	207.00
Downside Target	215.75
Downside Target	234.15
Upside Target	251.00
Upside Target	257.90
Upside Target	259.40
Upside Target	268.95
Upside Target	275.80
Upside Target	280.10
Upside Target	287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Intraday Target	237.05
Downside Intraday Target	234.15
Upside Intraday Target	244.8
Upside Intraday Target	249.65
Upside Intraday Target	241.9

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	239.95	245.10	246.75	239.00	0.081 times
02 Sat Mar 2024	244.70	265.30	275.80	238.00	1.063 times
23 Fri Feb 2024	265.30	259.95	280.10	259.40	1.543 times
16 Fri Feb 2024	261.90	261.00	268.95	246.30	0.3 times
09 Fri Feb 2024	260.25	277.85	287.60	257.90	0.403 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
04 Mon Mar 2024	239.95	242.35	251.00	239.00	0.02 times
29 Thu Feb 2024	238.75	237.80	287.60	234.15	2.201 times
31 Wed Jan 2024	232.25	224.50	246.10	217.05	0.917 times
29 Fri Dec 2023	225.20	208.55	242.45	207.00	2.658 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 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 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 weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 254.32 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.