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(ZENITHDRUG_SM) Zenith Drugs complete technical analysis [charts+indicators] | Buy/Sell Zenith Drugs | (ZENITHDRUG_SM) share price targets

Complete technical analysis of Zenith Drugs (ZENITHDRUG_SM) by charts plus indicators, forecast predictions and share price targets for Zenith Drugs (ZENITHDRUG_SM)

Showing technical analysis as on 2024-07-23 View latest technical analysis

10 day averaged volume of Zenith Drugs is 210240

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	78.45	84.00	84.10	77.00	0.715 times
22 Mon Jul 2024	83.25	78.50	83.55	77.00	0.951 times
19 Fri Jul 2024	78.35	79.05	81.00	75.20	0.556 times
18 Thu Jul 2024	81.10	83.80	83.80	79.00	1.096 times
16 Tue Jul 2024	82.45	78.00	88.80	77.90	2.968 times
15 Mon Jul 2024	75.95	65.20	75.95	65.20	2.884 times
12 Fri Jul 2024	63.30	63.80	63.85	63.00	0.594 times
11 Thu Jul 2024	63.25	63.80	63.80	63.25	0.076 times
10 Wed Jul 2024	63.25	64.05	65.00	62.00	0.487 times
09 Tue Jul 2024	63.10	64.55	64.60	62.95	0.19 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 76, but if it comes below 76, then a intra day sell could be more profitable.
If you take a sell trade below 76, then use 76 as stoploss and 68.28 as target. However if you take a buy trade in stock , then use 76 as stoploss and 85.3 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	52.80
Downside Target	54.20
Downside Target	59.30
Downside Target	62.00
Downside Target	64.90
Downside Target	68.00
Downside Target	75.20
Downside Target	77.00
Upside Target	78.50
Upside Target	81.00
Upside Target	84.10
Upside Target	88.80

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	75.6
Downside Intraday Target	72.75
Upside Intraday Target	82.7
Upside Intraday Target	86.95
Upside Intraday Target	79.85

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	78.45	78.50	84.10	77.00	0.222 times
19 Fri Jul 2024	78.35	65.20	88.80	65.20	4.857 times
12 Fri Jul 2024	63.30	64.85	65.00	62.00	2.333 times
05 Fri Jul 2024	63.75	63.20	64.95	62.20	1.115 times
28 Fri Jun 2024	63.00	63.05	64.90	62.20	0.545 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	78.45	63.20	88.80	62.00	3.308 times
28 Fri Jun 2024	63.00	67.00	68.00	55.20	0.36 times
31 Fri May 2024	63.75	64.20	81.00	59.30	1.053 times
30 Tue Apr 2024	64.10	66.60	75.20	52.80	1.11 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Zenith Drugs (ZENITHDRUG_SM)

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Zenith Drugs stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Zenith Drugs in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zenith Drugs Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Zenith Drugs in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Zenith Drugs is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 77.65 and Zenith Drugs (ZENITHDRUG_SM) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Zenith Drugs (ZENITHDRUG_SM) stock. Volume based technical analysis of Zenith Drugs (ZENITHDRUG_SM) stock is negative.

Zenith Drugs Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.