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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 2024-03-22 View latest technical analysis

10 day averaged volume of Kitex Garments is 322879

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	192.65	187.00	196.30	186.60	0.666 times
21 Thu Mar 2024	188.95	191.70	192.95	187.35	0.536 times
20 Wed Mar 2024	188.30	190.20	191.75	184.00	0.473 times
19 Tue Mar 2024	188.20	192.00	193.90	187.00	0.388 times
18 Mon Mar 2024	192.60	195.50	195.50	190.00	0.591 times
15 Fri Mar 2024	189.40	192.55	195.80	186.00	0.937 times
14 Thu Mar 2024	189.65	181.30	195.00	181.30	1.883 times
13 Wed Mar 2024	180.90	205.00	209.90	178.35	2.788 times
12 Tue Mar 2024	206.40	220.00	220.00	205.15	1.128 times
11 Mon Mar 2024	216.75	230.85	231.95	214.55	0.936 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 191.3 as stoploss in an intra day buy trade for a target of 218.03. However, stock will show a bearish move below 191.3.

Share price targets for Kitex Garments (KITEX)

Target Type	Value
Downside Target	178.35
Downside Target	184.00
Upside Target	195.15
Upside Target	207.00
Upside Target	215.75
Upside Target	227.10
Upside Target	231.95
Upside Target	246.75
Upside Target	251.00
Upside Target	259.40
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	185.67
Downside Intraday Target	178.68
Upside Intraday Target	197.97
Upside Intraday Target	203.28
Downside Intraday Target	190.98

Weekly technical analysis of Kitex Garments (KITEX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	192.65	195.50	196.30	184.00	0.346 times
15 Fri Mar 2024	189.40	230.85	231.95	178.35	3.981 times
07 Thu Mar 2024	229.90	245.10	246.75	227.10	0.335 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

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
22 Fri Mar 2024	192.65	242.35	251.00	178.35	0.265 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Kitex Garments stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Kitex Garments in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Kitex Garments in short term but BUY signal is weak.

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

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 191.76 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 negative.

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