Kitex Garments Ltd. (KITEX): Hovering near the breakout zone...

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