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KITEX GARMENT : BREAKOUT

Long
KITEX GARMENTS LTD (NSE:KITEX)  
TradingSutra  
NSE:KITEX   KITEX GARMENTS LTD
Trend Lines Elliott Wave KITEX stockmarketanalysis stockmarketindia stocktrading
26
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trendline elliottwaves kitex stockmarketanalysis stockmarketindia stocktrading
After an impulsive rise followed by a long term correction stock has give a breakout of the long term downtrend line & is trading in an impulse channel. The current wave can be a 3rd wave. As of now one should buy the stock with SL of 149 for tgt of 329/380 zone.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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