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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.

10 day averaged volume of Kitex Garments is 374094

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 181.95 182.40 185.70 180.90 0.869 times
27 Wed Mar 2024 181.75 184.95 188.55 180.50 1.274 times
26 Tue Mar 2024 182.35 192.60 194.50 181.20 1.594 times
22 Fri Mar 2024 192.65 187.00 196.30 186.60 0.575 times
21 Thu Mar 2024 188.95 191.70 192.95 187.35 0.463 times
20 Wed Mar 2024 188.30 190.20 191.75 184.00 0.409 times
19 Tue Mar 2024 188.20 192.00 193.90 187.00 0.335 times
18 Mon Mar 2024 192.60 195.50 195.50 190.00 0.51 times
15 Fri Mar 2024 189.40 192.55 195.80 186.00 0.809 times
14 Thu Mar 2024 189.65 181.30 195.00 181.30 1.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 183.2, but if it comes above 183.2, then a intra day buy could be more profitable.
If you take a sell trade below 183.2, then use 183.2 as stoploss and 154.5 as target. However if you take a buy trade in stock , then use 183.2 as stoploss and 207.13 as target.

Share price targets for Kitex Garments (KITEX)

Target Type Value
Downside Target 178.35
Upside Target 194.50
Upside Target 207.00
Upside Target 215.75
Upside Target 227.10
Upside Target 231.95
Upside Target 238.00
Upside Target 242.45
Upside Target 246.10
Upside Target 246.75
Upside Target 251.00
Upside Target 275.80
Upside Target 287.60

Intraday share price targets for Kitex Garments (KITEX)

Target Type Value
Downside Intraday Target 176.8
Downside Intraday Target 171.65
Upside Intraday Target 190.8
Upside Intraday Target 199.65
Upside Intraday Target 185.65

Weekly technical analysis of Kitex Garments (KITEX)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 181.95 192.60 194.50 180.50 1.631 times
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

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
28 Thu Mar 2024 181.95 242.35 251.00 178.35 0.355 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 neutral. A longer time frame might give a better analysis.

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 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.

Kitex Garments Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Kitex Garments in short term and SELL signal is strong!

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

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 186.49 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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

Price action analysis of Kitex Garments ( (KITEX) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 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.

Kitex Garments Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Kitex Garments in short term and SELL signal is strong!

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

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 186.49 and Kitex Garments (KITEX) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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

Click here for Kitex Garments charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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