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

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

Showing technical analysis as on 2025-04-02 View latest technical analysis

10 day averaged volume of Zenith Steel is 189256

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	7.14	6.90	7.29	6.69	1.013 times
01 Tue Apr 2025	6.76	6.63	7.00	6.63	0.446 times
28 Fri Mar 2025	6.50	6.24	6.86	6.24	1.369 times
27 Thu Mar 2025	6.24	6.52	6.90	6.12	1.466 times
26 Wed Mar 2025	6.46	6.62	7.15	6.40	1.869 times
25 Tue Mar 2025	6.87	7.13	7.23	6.77	0.565 times
24 Mon Mar 2025	7.01	6.98	7.34	6.87	1.207 times
21 Fri Mar 2025	6.83	6.95	6.95	6.66	0.876 times
20 Thu Mar 2025	6.80	6.95	7.02	6.75	0.551 times
19 Wed Mar 2025	6.78	6.90	6.90	6.65	0.745 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7.2, for a target of 6.9 or 6.64

Share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Target	6.02
Downside Target	6.45
Downside Target	6.63
Downside Target	7.00
Upside Target	7.29
Upside Target	7.34
Upside Target	7.50
Upside Target	7.76
Upside Target	7.98
Upside Target	8.19
Upside Target	9.28

Intraday share price targets for Zenith Steel (ZENITHSTL)

Target Type	Value
Downside Intraday Target	6.75
Downside Intraday Target	6.36
Upside Intraday Target	7.41
Upside Intraday Target	7.68
Downside Intraday Target	7.02

Weekly technical analysis of Zenith Steel (ZENITHSTL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	7.14	6.63	7.29	6.63	0.225 times
28 Fri Mar 2025	6.50	6.98	7.34	6.12	1.748 times
21 Fri Mar 2025	6.83	6.42	7.02	6.24	1.601 times
13 Thu Mar 2025	6.57	6.88	7.50	6.30	0.905 times
07 Fri Mar 2025	6.89	6.62	7.00	6.02	0.845 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 Steel (ZENITHSTL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	7.14	6.63	7.29	6.63	0.097 times
28 Fri Mar 2025	6.50	6.62	7.50	6.02	0.984 times
28 Fri Feb 2025	6.46	6.81	7.98	6.24	0.499 times
31 Fri Jan 2025	6.84	7.95	9.28	6.45	79.939 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 Steel (ZENITHSTL)

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Zenith Steel ( (ZENITHSTL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a BUY signal for Zenith Steel in short term but the buy signal is initial and weak.

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

Zenith Steel 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 red color and prices are in or above the red cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.68 and Zenith Steel (ZENITHSTL) 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 Steel (ZENITHSTL) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL) stock is negative.

Zenith Steel 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.