Mobile app version of munafa.org.in
Login or Join
 Learn then Earn

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

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

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

Showing technical analysis as on 2024-07-30 View latest technical analysis

10 day averaged volume of Zenith Steel is 387184

Date Daily Closing Price Open High Low Volume
30 Tue Jul 2024 11.64 11.58 11.64 11.35 0.531 times
29 Mon Jul 2024 11.09 11.00 11.09 10.80 0.516 times
26 Fri Jul 2024 10.57 10.45 10.70 10.26 0.851 times
25 Thu Jul 2024 10.42 10.25 10.70 10.01 0.75 times
24 Wed Jul 2024 10.28 9.89 10.35 9.53 1.084 times
23 Tue Jul 2024 9.93 9.90 10.50 9.67 1.067 times
22 Mon Jul 2024 10.18 10.25 10.60 10.17 1.281 times
19 Fri Jul 2024 10.71 9.70 10.73 9.70 2.525 times
18 Thu Jul 2024 10.22 10.22 10.22 10.22 0.32 times
16 Tue Jul 2024 10.76 10.76 10.76 10.76 0.474 times

My analysis of stock is bullish for shortterm, and stock might move up till 12.8 or till 14.7. Use a stoploss of 11.17 and if this stock hits its stoploss, then it can fall down till 9.57

Share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type Value
Downside Target 5.40
Downside Target 5.55
Downside Target 6.45
Downside Target 7.00
Downside Target 7.20
Downside Target 7.70
Downside Target 8.60
Downside Target 9.53
Downside Target 10.70
Downside Target 11.64
Upside Target 11.90
Upside Target 13.28
Upside Target 13.98
Upside Target 15.45

Intraday share price targets for Zenith Steel (ZENITHSTL_BE)

Target Type Value
Downside Intraday Target 11.08
Downside Intraday Target 10.52
Upside Intraday Target 11.92
Upside Intraday Target 12.2
Downside Intraday Target 11.36

Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)

Date Weekly Closing Price Open High Low Volume
30 Tue Jul 2024 11.64 11.00 11.64 10.80 0.208 times
26 Fri Jul 2024 10.57 10.25 10.70 9.53 1.131 times
19 Fri Jul 2024 10.71 11.85 11.90 9.70 0.843 times
12 Fri Jul 2024 11.93 13.28 13.28 10.80 0.74 times
05 Fri Jul 2024 13.98 14.72 15.45 13.98 1.334 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_BE)

Date Monthly Closing Price Open High Low Volume
30 Tue Jul 2024 11.64 14.72 15.45 9.53 1.816 times
16 Fri Feb 2024 8.35 7.00 8.60 7.00 1.934 times
31 Wed Jan 2024 6.95 7.70 7.70 6.45 0.573 times
29 Fri Dec 2023 7.85 6.15 7.85 5.55 1.223 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 Steel (ZENITHSTL_BE)

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

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

MACD generated a SELL signal for Zenith Steel in short term but the sell 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 green color and prices are above the green 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 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 Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.52 and Zenith Steel (ZENITHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) 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.

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

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

MACD generated a SELL signal for Zenith Steel in short term but the sell 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 green color and prices are above the green 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 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 Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 10.52 and Zenith Steel (ZENITHSTL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Zenith Steel (ZENITHSTL_BE) stock. Volume based technical analysis of Zenith Steel (ZENITHSTL_BE) 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.

Click here for Zenith Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme