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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 2024-07-24 View latest technical analysis

10 day averaged volume of Zenith Drugs is 221120

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	80.35	80.00	81.60	80.00	0.217 times
23 Tue Jul 2024	78.45	84.00	84.10	77.00	0.68 times
22 Mon Jul 2024	83.25	78.50	83.55	77.00	0.904 times
19 Fri Jul 2024	78.35	79.05	81.00	75.20	0.528 times
18 Thu Jul 2024	81.10	83.80	83.80	79.00	1.042 times
16 Tue Jul 2024	82.45	78.00	88.80	77.90	2.822 times
15 Mon Jul 2024	75.95	65.20	75.95	65.20	2.742 times
12 Fri Jul 2024	63.30	63.80	63.85	63.00	0.564 times
11 Thu Jul 2024	63.25	63.80	63.80	63.25	0.072 times
10 Wed Jul 2024	63.25	64.05	65.00	62.00	0.463 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.2, but if it comes below 77.2, then a intra day sell could be more profitable.
If you take a sell trade below 77.2, then use 77.2 as stoploss and 69.15 as target. However if you take a buy trade in stock , then use 77.2 as stoploss and 86.9 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
Downside 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	76.87
Downside Intraday Target	73.38
Upside Intraday Target	83.97
Upside Intraday Target	87.58
Upside Intraday Target	80.48

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	80.35	78.50	84.10	77.00	0.253 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
24 Wed Jul 2024	80.35	63.20	88.80	62.00	3.374 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Zenith Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Zenith Drugs in short term and BUY signal is strong.

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 77.97 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.