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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 2024-09-18 View latest technical analysis

10 day averaged volume of Zenith Drugs is 296320

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	131.15	134.10	134.85	128.00	0.383 times
17 Tue Sep 2024	135.65	142.95	142.95	132.50	0.281 times
16 Mon Sep 2024	139.50	135.95	143.25	129.05	0.907 times
13 Fri Sep 2024	134.05	142.50	147.50	132.20	0.891 times
12 Thu Sep 2024	140.20	136.50	144.85	132.00	2.16 times
11 Wed Sep 2024	128.05	115.10	134.60	115.10	2.241 times
10 Tue Sep 2024	115.10	112.00	117.00	111.00	1.328 times
09 Mon Sep 2024	110.65	107.00	113.95	107.00	0.626 times
06 Fri Sep 2024	106.15	110.00	110.00	104.00	0.475 times
05 Thu Sep 2024	109.80	107.95	111.50	107.30	0.475 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 128.9, but if it comes below 128.9, then a intra day sell could be more profitable.
If you take a sell trade below 128.9, then use 128.9 as stoploss and 114.16 as target. However if you take a buy trade in stock , then use 128.9 as stoploss and 146.7 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Target	55.20
Downside Target	59.30
Downside Target	62.00
Downside Target	68.00
Downside Target	78.00
Downside Target	81.00
Downside Target	93.30
Downside Target	96.50
Downside Target	99.45
Downside Target	103.00
Downside Target	107.00
Downside Target	112.00
Downside Target	117.80
Downside Target	128.00
Upside Target	143.25
Upside Target	147.50

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	125.02
Downside Intraday Target	118.88
Upside Intraday Target	140.27
Upside Intraday Target	149.38
Upside Intraday Target	134.13

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	131.15	135.95	143.25	128.00	0.217 times
13 Fri Sep 2024	134.05	107.00	147.50	107.00	2.937 times
06 Fri Sep 2024	106.15	108.00	112.00	103.00	0.504 times
30 Fri Aug 2024	107.60	101.00	117.80	96.50	1.249 times
23 Fri Aug 2024	96.95	83.00	99.45	78.30	6.785 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
18 Wed Sep 2024	131.15	108.00	147.50	103.00	0.97 times
30 Fri Aug 2024	107.60	91.00	117.80	78.00	0.951 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

Scroll below to view daily charts

Price has moved up 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 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 losing momentum.

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

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 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

Although the stock is in the SELL zone, but selling 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 127.86 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.