KITEX GARMENTS LTD
Long
Updated

Kitex: ₹419 breakout from an year long downtrend line Res:536

Kitex: ₹419 is having a breakout from a long down trend line, and also from a symmetrical triangle, with an over sold status. Compare to it peers, the performance is good. Gokaldas is also almost same technical stand now but, even with half of its sales, kitex is a star performer, with no major debt burden and growth in sales shows growth in future. In my view kitex is better than titan and rajesh.
₹536 & ₹634 are the first two major resistance, on crossing these level the stock can see new all time highs.
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One day it can be a page.Any one there?
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so it is done in a swift way.
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1st target 536 achived

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