CRYSTAL_EQUITY

Kitex looks good for 260++

Long
NSE:KITEX   KITEX GARMENTS LTD
Techmically Trying to cross resistance 240
if cross 245 rally to 280 expected
recent december quarter is positive
target1 260
t2 280
stop 200
Fundamentals improving
last 4 quargers were not impressive
holding period 20 days
if no momentum exit position.

Purely for education purpose.Not a buy/sell reco
consult an advisor before any taking positions.

Kitex Garments Limited was incorporated in 1992 and is a kerala based company. The company exports cotton and organic cotton garments especially infant wear to US and European markets

Kitex Garments Ltd. (KGL) is the world’s second largest manufacturer of cotton and organic cotton ready-to-wear garments for infants and children
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