Munafa Kitex Garments Limited (KITEX) stock tips, volume analysis, indicator analysis [intraday, positional] for today and tomorrow

Kitex Garments Limited (KITEX) Indicator analysis

Kitex Garments Limited stock tips (delivery Volume analysis)

Total 5 day volume for Kitex Garments Limited is 4180612, out of which 1251310 went into delivery, which is 29.93 percent of total volumes

Volumes in the last session was 569316, out of which 207550 went into delivery, which is 36.46 percent of total volumes.

Deliveries are extremely low, which means that most trades are getting squared off within the intra day itself. It will not be safe to invest or hold the stock for long. However, intra day trend might continue.

Kitex Garments KITEX intraday stock tips

23 Friday October Stock tips for Kitex Garments Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Kitex Garments KITEX gave a large move recently.

Although my analysis for Kitex Garments is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 112.3, for a target of 115.1 or 117.56

22 Thursday October Stock tips for Kitex Garments Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Kitex Garments KITEX gave a large move recently.

My analysis of Kitex Garments is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Kitex Garments stays below 115.9, but if it comes above 115.9, then a intra day buy could be more profitable.
If you take a sell trade below 115.9, then use 115.9 as stoploss and 113.1 as target. However if you take a buy trade in Kitex Garments, then use 115.9 as stoploss and 118.17 as target.

21 Wednesday October Stock tips for Kitex Garments Stock is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

It appears as if Kitex Garments KITEX gave a large move recently.

My analysis of Kitex Garments is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Kitex Garments stays below 116.2, but if it comes above 116.2, then a intra day buy could be more profitable.
If you take a sell trade below 116.2, then use 116.2 as stoploss and 113.4 as target. However if you take a buy trade in Kitex Garments, then use 116.2 as stoploss and 118.46 as target.

19 Monday October Stock tips for Kitex Garments (KITEX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Kitex Garments KITEX gave a large move recently.

My analysis of Kitex Garments is bullish for shortterm, but tip for tomorrow is selective. Take a BUY trade only if Kitex Garments stays above 121.1, but if it comes below 121.1, then a intra day sell could be more profitable.
If you take a sell trade below 121.1, then use 121.1 as stoploss and 118.8 as target. However if you take a buy trade in Kitex Garments, then use 121.1 as stoploss and 123.8 as target.

16 Friday October Stock tips for Kitex Garments (KITEX) Stock is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

It appears as if Kitex Garments KITEX gave a large move recently.

Although my analysis for Kitex Garments is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 123.1, for a target of 120.6 or 118.49

15 Thursday October Stock tips for Kitex Garments Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Kitex Garments KITEX gave a large move recently.

My analysis of Kitex Garments is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Kitex Garments stays below 116.2, but if it comes above 116.2, then a intra day buy could be more profitable.
If you take a sell trade below 116.2, then use 116.2 as stoploss and 113.8 as target. However if you take a buy trade in Kitex Garments, then use 116.2 as stoploss and 118.1 as target.

14 Wednesday October Stock tips for Kitex Garments Stock is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

It appears as if Kitex Garments KITEX gave a large move recently.

My analysis of Kitex Garments is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 116.4 as stoploss in an intra day buy trade for a target of 118.3. However, stock will show a bearish move below 116.4.

Kitex Garments KITEX tips for tomorrow

Tomorrow's movement Prediction of Kitex Garments KITEX is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 117.75

Munafa value: 40

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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