(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 2024-10-14 View latest technical analysis
10 day averaged volume of Zenith Steel is 67920
Date | Daily Closing Price | Open | High | Low | Volume |
14 Mon Oct 2024 | 9.36 | 9.41 | 9.56 | 9.36 | 0.838 times |
11 Fri Oct 2024 | 9.56 | 9.64 | 9.64 | 9.55 | 0.669 times |
10 Thu Oct 2024 | 9.65 | 9.71 | 9.71 | 9.65 | 0.681 times |
09 Wed Oct 2024 | 9.85 | 9.55 | 9.89 | 9.55 | 1.328 times |
08 Tue Oct 2024 | 9.70 | 9.70 | 9.70 | 9.70 | 0.228 times |
07 Mon Oct 2024 | 9.90 | 9.90 | 9.90 | 9.90 | 0.098 times |
04 Fri Oct 2024 | 10.11 | 10.15 | 10.15 | 10.11 | 0.435 times |
03 Thu Oct 2024 | 10.32 | 10.34 | 10.34 | 10.32 | 2.618 times |
01 Tue Oct 2024 | 10.14 | 10.14 | 10.14 | 10.14 | 1.538 times |
30 Mon Sep 2024 | 9.95 | 9.95 | 9.95 | 9.95 | 1.383 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 9.7, but if it comes above 9.7, then a intra day buy could be more profitable.
If you take a sell trade below 9.7, then use 9.7 as stoploss and 8.8 as target. However if you take a buy trade in stock , then use 9.7 as stoploss and 10.48 as target.
Share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Target | 7.00 |
Downside Target | 8.60 |
Downside Target | 8.80 |
Downside Target | 9.36 |
Upside Target | 9.90 |
Upside Target | 10.16 |
Upside Target | 10.34 |
Upside Target | 10.93 |
Upside Target | 11.04 |
Upside Target | 11.15 |
Upside Target | 12.50 |
Upside Target | 15.45 |
Intraday share price targets for Zenith Steel (ZENITHSTL_BE)
Target Type | Value |
Downside Intraday Target | 9.29 |
Downside Intraday Target | 9.23 |
Upside Intraday Target | 9.49 |
Upside Intraday Target | 9.63 |
Upside Intraday Target | 9.43 |
Weekly technical analysis of Zenith Steel (ZENITHSTL_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
14 Mon Oct 2024 | 9.36 | 9.41 | 9.56 | 9.36 | 0.279 times |
11 Fri Oct 2024 | 9.56 | 9.90 | 9.90 | 9.55 | 0.503 times |
04 Fri Oct 2024 | 10.11 | 9.95 | 10.34 | 9.95 | 1.418 times |
27 Fri Sep 2024 | 10.16 | 11.04 | 11.04 | 10.16 | 0.175 times |
20 Fri Sep 2024 | 11.27 | 12.12 | 12.50 | 11.15 | 1.016 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 Steel (ZENITHSTL_BE)
Date | Monthly Closing Price | Open | High | Low | Volume |
14 Mon Oct 2024 | 9.36 | 10.14 | 10.34 | 9.36 | 0.117 times |
30 Mon Sep 2024 | 9.95 | 9.56 | 12.50 | 9.56 | 2.426 times |
30 Fri Aug 2024 | 9.38 | 10.93 | 10.93 | 8.80 | 0.213 times |
31 Wed Jul 2024 | 11.16 | 14.72 | 15.45 | 9.53 | 1.941 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 Steel (ZENITHSTL_BE)
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short 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.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short 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.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short to mid 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.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Zenith Steel in short term and the sell signal is strong.
Zenith Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Zenith Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 9.97 and Zenith Steel (ZENITHSTL_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short 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.
Price action analysis of Zenith Steel ( (ZENITHSTL_BE) ) based on a short to mid 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.
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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Zenith Steel in short term and the sell signal is strong.
Zenith Steel Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Zenith Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 9.97 and Zenith Steel (ZENITHSTL_BE) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative returns over a short term period. Returns for a longer term period have been negative.
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
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.