Daily Chart Of Kitex Garments

Shown above is the daily chart of Kitex Garments. As we can see on the chart that the stock has given breakouts of firm resistances with higher volume. The stock has given a breakout of an upward sloping trend line and a very long consolidation range which was proving to be a good resistance for the stocks. Also the moving averages are lined up for a outburst. Therefore, I suggest to buy the stock for targets of 670-675 maintaining a stop loss below 635.