Breakout in with very high volume in Kitex Garments Limited
After 12 weeks of consolidation, the stock price is hovering at 277, which is near the breakout zone of 284. The price might swing between 284 and 260, before it makes a breakout above 284. Upon breakout above 284, we can see levels of 330 and 345. Always keep a strict stop loss based on your risk appetite. Note: Not a buy/sell recommendation
Breakout in KITEX in Daily timeframe. Entry: Above 276 Targets: 316 and 386 DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
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#Kitex stock in early stage 2 exhibiting good VCP in weekly with volumes popping out.Looks good to buy at cmp 250.
JAN- 3 Monthly BO Done Relatively Outperforming the border market Volume pop out on BO RSI Trending SL just below the 21 EMA
Stock has given multiyear breakout, stock can give a multifold return in coming months. But best entry would be in region 200-210 or if stock creates inside candle ni weekly timeframe, then we can initiate entry above 285, it could move fast upside. As this is a small cap stock, so there is always risk factor involved. Please follow proper risk...
KITEX CMP -246 Target - 705 SL -195MCB #KITEX #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
KITEX GARMENTS BUY SETUP good fundamentals with green volumes
KITEX GARMENTS CMP 230 dated 7.1-2022 WEEKLY CHART 1. Rounding Pattern BO 230 2. Rectangle Pattern BO 3. Volume Surge. 4. Debt Free Company Buy for a tgt of 385-420 SL 180 It is just a view, pls trade at your own risk.
Looking at the chart shows there will be a retest at around 190 Level. From there it will carry the stock to the targets Mentioned in Chart i.e., 244 For Short term and 360 for Long term at the tenure of 1 Year. Sl 20% i.e., 177.
Kitex garment. CMP: 209 sl:160(CB) Target: 260/310/380 Note: educational post
This scrip is expected to give weekly breakout, if it's brekout i expected it will atleast 10-20% returns inbshort period. So traders keep on your radar and do trade as per your risk.. Thanks to all, Happy Trading.
Stock has given breakout after consolidation of over 6 months. Longs can considered at CMP or retracement till 195 levels for the target of 300+ (50%) in short to medium term, with SL as per risk appetite. Kindly do your analysis before initiating trade.
#Kitex harmonic Buy on dip for good RR Target -223/274/314 Sl-138 CMP:202@16 December 2021
Channel breakout in Kitex Garments Limited with very high volume.
KITEX Buy-Above 190 Sl-150 T- 225 275 315 This is swing position for mid term short term trader can eat in pieces.
volume support even though it is red candle, every day price is going high visually it is looking like more red candle but is is bullish sign as it is trying to go up by gap up SL compulsory