KITEX - 9 year breakout- Given good quarterly closing - Potential to deliver great returns - Keep monitoring the StockLongby alamcet3
KITEX - Breakout Setup, Move is ON..NSE:KITEX ✅ #KITEX trading above Resistance of 524 ✅ Next Resistance is at 752 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby Sandeep_Aggarwal229
KITEX GARMENTS - Monthly and Weekly Support zoneKitex Garments Monthly support line shown as on 24/09/2024- Weekly support - line drawn is 50% of weekly candle RSI (7) value Monthly , weekly , 3 days - all are above RSI value 65 and daily RSI below 60 Lets see whether support levels will be respected or not in coming days Disclaimer :This is not a buy sell recommendation - only for study purpose .by faizalummmer0
KITEX // Levels // 1 W"Welcome to SkyTradingZone " Hello Everyone 👋 Here are the levels for Kitex Garments (KITEX) based on a 1-week chart: **Resistance Levels:** 1. 530.50 - 540.50 (previous high) 2. 550.00 - 560.00 (psychological level) 3. 570.00 - 580.00 (resistance zone) **Support Levels:** 1. 500.50 - 510.50 (previous low) 2. 480.00 - 490.00 (psychological level) 3. 460.00 - 470.00 (support zone) **Key Levels:** 1. 520.50 - a crucial level to watch for trend continuation or reversal 2. 480.50 - a potential reversal zone **Notes:** * Kitex Garments is currently trading around the resistance level of 520.50. * A break above this level could lead to further upside momentum. * A break below the support level of 480.50 could lead to a reversal in the trend. * The levels listed are based on historical data and may not be valid in the future. Please keep in mind that these levels are not a guarantee of future price movements and are only intended to provide general guidance. It's always important to do your own research and consider multiple factors before making any investment decisions. Additionally, you can consider the following technical indicators to get a better view of the market: * RSI: The Relative Strength Index (RSI) is currently around 55, which is in the neutral zone. * MACD: The Moving Average Convergence Divergence (MACD) is currently in a bullish crossover. * Bollinger Bands: Kitex Garments is currently trading above the upper band of the Bollinger Bands, indicating high volatility. Please consult other sources and consider multiple factors before making any investment decisions. It's also important to note that the company's performance in the textile industry, as well as any changes in its business strategy or partnerships with other companies in the industry, can also impact the stock's price movement. It's always a good idea to stay up-to-date with the latest news and developments before making any investment decisions. In particular, keep an eye on the company's production capacity, inventory levels, and demand for its products, as well as any changes in global trade policies or regulations that may impact the textile industry.Longby SkyTradingZone1
Kitex support and resistance 4 hour Kitex Garments are: First support: ₹469.63, Second support: ₹450.87, and Third support: ₹441.48. Support Levels: S1: ₹428.90 S2: ₹392.65 S3: ₹373.30 Resistance Levels: R1: ₹484.50 R2: ₹503.85 R3: ₹540.10Longby EmpireCrown9
Kitex : Skyrockets 50% in Just 1 Month! 👑👑Kitex 👑👑 Skyrockets 50% in Just 1 Month! After breaking out from a *Cup & Handle* pattern, the stock shot up by 50% in no time! But guess what? I will There's *still another 50% move pending* - this is just the beginning! Don't enter Now as of now no Good risk reward We Always ride with the big operators to maximize your gains .Entered with operator Stock moving in UCV Right time entry GOOD R:RGet ready for more action and make smart moves!Longby EmpireCrown1111
KITEX8 year resistance breakout in KITEX with good volume.. Keep an eye on this .......Longby devbisht54532
#KITEX - Monthly Time Frame Trend Line BO with Volume In MTF we can see a BO of Trend Line with Highest Volume This can be a Systematic Trading Plan kind of a trade, if you want to know more about STP, see my video published on TV on 26 Aug, you will have clarity. Longby MMT_MakeMoneyTrading1
Multi-Year Breakout In Kitex Garments.Kitex Garments Ltd. broke 6 years old resistance on heavy volumes. Waiting for entry after retracement near 320-330 levels. P.s - Not a stock recommendation. Only for educational purposes.Longby rmng9638
Potential upmove | Bottom fishing - KITEXCheckout an amazing breakout happened in the stock in Weekly timeframe. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an upmove using MA or RSI breakout or any such analysis. The secret sauce is not revealed here that how I pick my stocks, however the idea is shared as an educational material. This will also help me to keep a track of my accuracy in doing analysis. Hence & also, I request anyone not to take any positions based on the accuracy of my previous feeds or moving forward. Checkout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run. Time makes money, GREEDY & EGO will not make money. Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!Longby Yoyohoneysingh934
Stock of the day for 19 August Markets I make educational content videos for swing / positional trading Long06:21by Averoy_Apoorv_Analysis13
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in KITEX BUY TODAY SELL TOMORROW for 5% Longby Kapil-Mittal3317
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall. Trendline Breakout in CARERATING BUY TODAY SELL TOMORROW for 5%by Kapil-MittalUpdated 3310
Ascending Triangle Pattern Breakout - KITEXPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking for long term.Longby Breakout-Ideas3
Fast 10% moveChart is self explanatory Box breakout after multiple attempts Volume breakout Angle of uptrend is not so steep as well Buy at ur own risk Not a tip, rather just my opinion Do comment below your views on the chart Longby Eagle7Eye1
Kitex is the Kite with X factor :)Monthly Cup and Handle in making. Can this stock go 3x?Longby gadavishesh7
Continuation Breakout in progress Box Breakout KITEX + Continuation Breakout in progress + Validated with Volume + Above Key EMAs + Bullish RSI ✅Not a buying recommendation by ChartShala1
BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in KITEX BUY TODAY SELL TOMORROW for 5% Longby Kapil-MittalUpdated 336
Looks Good for Short termKitex Garments Ltd. The price seems to have reached a bottom after failing to break through a support level and ultimately rising higher in a sign of reversal to a new uptrend. The Double Bottom pattern has formed during a downtrend as the price reaches two distinct lows at roughly the same price level. Finally the price breaks upward above the highest high to confirm the bullish signal. Short term target is marked. Note for everyone who came across this study: This chart is only for educational purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. by hardeepssethiUpdated 0
Kitex garments soon going for the skya texlite company and a good divident paying company for your portfolio currently cn be accululated at 135 to 159 range.The upcoming targets are also good confirmations are trentline breakout and price actions and other confirmations are also there i am not sebi registered. these views are solely for educational purposes.Longby AtulR30
Kitex garment a texlite company and a good divident paying company for your portfolio currently cn be accululated at 135 to 159 range.The upcoming targets are also good confirmations are trentline breakout and price actions and other confirmations are also there i am not sebi registered. these views are solely for educational purposes.Longby AtulR31
Kitex garments bullish shark harmonic Kitex looking good at 118/82 zone Here bullish shark pattern completed and highest volume support so maybe chances high for reversal. Plan is half quantity buy at 118 2nd half buy at 100 Stop loss 82 1st Target - 155 2nd Target - 180 Risk around 25% Target around 50/60% For long term minimum hold 2/3 years Before investing check fundamental also here only provide technical analysis If technical and fundamental both give sign then only consider .Longby biokon702