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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 2024-09-19 View latest technical analysis

10 day averaged volume of Zenith Drugs is 289440

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	132.95	131.20	138.50	124.95	0.547 times
18 Wed Sep 2024	131.15	134.10	134.85	128.00	0.392 times
17 Tue Sep 2024	135.65	142.95	142.95	132.50	0.287 times
16 Mon Sep 2024	139.50	135.95	143.25	129.05	0.929 times
13 Fri Sep 2024	134.05	142.50	147.50	132.20	0.912 times
12 Thu Sep 2024	140.20	136.50	144.85	132.00	2.211 times
11 Wed Sep 2024	128.05	115.10	134.60	115.10	2.294 times
10 Tue Sep 2024	115.10	112.00	117.00	111.00	1.36 times
09 Mon Sep 2024	110.65	107.00	113.95	107.00	0.641 times
06 Fri Sep 2024	106.15	110.00	110.00	104.00	0.486 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 130.5, but if it comes below 130.5, then a intra day sell could be more profitable.
If you take a sell trade below 130.5, then use 130.5 as stoploss and 116.34 as target. However if you take a buy trade in stock , then use 130.5 as stoploss and 147.5 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	124.95
Upside Target	143.25
Upside Target	147.50

Intraday share price targets for Zenith Drugs (ZENITHDRUG_SM)

Target Type	Value
Downside Intraday Target	124.18
Downside Intraday Target	115.42
Upside Intraday Target	142.48
Upside Intraday Target	152.02
Upside Intraday Target	133.72

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	132.95	135.95	143.25	124.95	0.291 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
19 Thu Sep 2024	132.95	108.00	147.50	103.00	1.016 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 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 Drugs ( (ZENITHDRUG_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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.

Zenith Drugs 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 tired and bears are picking up momentum.

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 Drugs 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 negative zone. This is the SELL 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 129.01 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.