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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 2024-07-29 View latest technical analysis

10 day averaged volume of Zenith Drugs is 285920

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	87.30	90.25	90.25	87.00	0.425 times
26 Fri Jul 2024	90.05	91.10	93.30	89.00	0.722 times
25 Thu Jul 2024	89.35	80.35	91.70	78.55	1.931 times
24 Wed Jul 2024	80.35	80.00	81.60	80.00	0.168 times
23 Tue Jul 2024	78.45	84.00	84.10	77.00	0.526 times
22 Mon Jul 2024	83.25	78.50	83.55	77.00	0.699 times
19 Fri Jul 2024	78.35	79.05	81.00	75.20	0.409 times
18 Thu Jul 2024	81.10	83.80	83.80	79.00	0.806 times
16 Tue Jul 2024	82.45	78.00	88.80	77.90	2.182 times
15 Mon Jul 2024	75.95	65.20	75.95	65.20	2.121 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 83.2, but if it comes below 83.2, then a intra day sell could be more profitable.
If you take a sell trade below 83.2, then use 83.2 as stoploss and 73.01 as target. However if you take a buy trade in stock , then use 83.2 as stoploss and 95.4 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	64.95
Downside Target	68.00
Downside Target	75.20
Downside Target	77.00
Downside Target	81.00
Downside Target	87.00
Upside Target	88.80
Upside Target	90.25
Upside Target	93.30

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	86.12
Downside Intraday Target	84.93
Upside Intraday Target	89.37
Upside Intraday Target	91.43
Upside Intraday Target	88.18

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	87.30	90.25	90.25	87.00	0.105 times
26 Fri Jul 2024	90.05	78.50	93.30	77.00	0.733 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

Price has moved down 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
29 Mon Jul 2024	87.30	63.20	93.30	62.00	4.591 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 82.69 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.