padiyara

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

Long
NSE:KITEX   KITEX GARMENTS LTD
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.
Comment: One day it can be a page.Any one there?
Comment: so it is done in a swift way.
Comment: 1st target 536 achived
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