Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-01 View latest technical analysis

10 day averaged volume of Zenith Drugs is 192800

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	88.80	91.00	92.35	88.50	0.606 times
31 Wed Jul 2024	89.70	88.50	90.80	87.35	1.104 times
30 Tue Jul 2024	88.50	87.00	89.40	86.05	0.465 times
29 Mon Jul 2024	87.30	90.25	90.25	87.00	0.631 times
26 Fri Jul 2024	90.05	91.10	93.30	89.00	1.071 times
25 Thu Jul 2024	89.35	80.35	91.70	78.55	2.863 times
24 Wed Jul 2024	80.35	80.00	81.60	80.00	0.249 times
23 Tue Jul 2024	78.45	84.00	84.10	77.00	0.78 times
22 Mon Jul 2024	83.25	78.50	83.55	77.00	1.037 times
19 Fri Jul 2024	78.35	79.05	81.00	75.20	0.606 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.5, but if it comes below 87.5, then a intra day sell could be more profitable.
If you take a sell trade below 87.5, then use 87.5 as stoploss and 76.89 as target. However if you take a buy trade in stock , then use 87.5 as stoploss and 100.2 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	52.80
Downside Target	55.20
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	86.05
Downside Target	88.50
Upside Target	92.35
Upside Target	93.30

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	85.78
Downside Intraday Target	82.77
Upside Intraday Target	92.08
Upside Intraday Target	95.37
Upside Intraday Target	89.07

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	88.80	90.25	92.35	86.05	0.467 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
01 Thu Aug 2024	88.80	91.00	92.35	88.50	0.032 times
31 Wed Jul 2024	89.70	63.20	93.30	62.00	5.009 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

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 86.73 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.