Kitex Garments Technical Analysis

Kitex Garments Ltd Technical Analysis

Kitex Garments Ltd technical analysis is gaining attention among traders and investors tracking Kitex Garments Ltd Technical Analysis trends in the Indian stock market. Kitex Garments Ltd (NSE: KITEX, BSE: 521248) is currently trading at ₹116.13, showing a -1.32% move as of Fri, Oct 02, 2026.

This detailed Kitex Garments Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Kitex Garments Ltd Stock Overview

Kitex Garments Ltd operates in the Process industries sector under the Textiles industry. With a market capitalization of ₹2344.13Cr and a PE ratio of 0, Kitex Garments Ltd remains a key stock to watch in Kitex Garments Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹2344.13Cr
• PE Ratio: 0
• Dividend Yield: 0.43
• Sector: Process industries
• Industry: Textiles

These fundamentals play an important role in Kitex Garments Ltd technical analysis and valuation tracking.

Kitex Garments Ltd Support and Resistance Levels

Classic Pivot Levels

In Kitex Garments Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 153.91
• Resistance 2: 137.70
• Resistance 1: 128.63
• Pivot Point: 121.49
• Support 1: 112.42
• Support 2: 105.28
• Support 3: 89.07

Conditional Insight

Kitex Garments Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 112.42 and 105.28.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Kitex Garments Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 137.70
• Fibonacci R2: 131.51
• Fibonacci R1: 127.69
• Fibonacci Pivot: 121.49
• Fibonacci S1: 115.30
• Fibonacci S2: 111.48
• Fibonacci S3: 105.28

Kitex Garments Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Kitex Garments Ltd Moving Average Analysis

Moving averages are key indicators in Kitex Garments Ltd technical analysis for identifying trend direction.

• 10 EMA: 118.46
• 20 EMA: 120.96
• 30 EMA: 123.80
• 50 EMA: 129.36
• 100 EMA: 140.56
• 200 EMA: 156.29

Trend Logic

Kitex Garments Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Kitex Garments Ltd technical analysis remains positive above 200 EMA.

Kitex Garments Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 38.28
• MACD: -3.74
• Signal: -4.03
• ADX: 17.17
• Momentum: -3.90

RSI Logic

Kitex Garments Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Kitex Garments Ltd technical analysis indicates bearish momentum with MACD below signal line.

Kitex Garments Ltd Overall Recommendation

• Overall Recommendation Score: -0.45
• Moving Average Recommendation: -0.80
• Other Indicators Recommendation: -0.09

Overall Kitex Garments Ltd technical analysis sentiment remains neutral with mixed signals.

Kitex Garments Ltd Technical Analysis Conclusion

Kitex Garments Ltd technical analysis suggests that traders should closely monitor price action around ₹116.13 and key pivot level 121.49. Breakouts above resistance or breakdown below support will define the next trend in Kitex Garments Ltd technical analysis.

Investors searching for Kitex Garments Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Kitex Garments Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.