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

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

Showing technical analysis as on 2024-12-09 View latest technical analysis

10 day averaged volume of Zenith Drugs is 34320

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	87.50	86.10	89.10	86.10	0.699 times
06 Fri Dec 2024	88.15	87.25	91.50	87.25	1.608 times
05 Thu Dec 2024	89.15	92.95	92.95	88.50	1.026 times
04 Wed Dec 2024	91.50	93.25	93.25	90.40	0.793 times
03 Tue Dec 2024	91.70	90.35	94.45	88.10	1.305 times
02 Mon Dec 2024	92.20	92.10	93.85	91.00	0.676 times
29 Fri Nov 2024	94.30	95.05	95.05	91.00	0.49 times
28 Thu Nov 2024	93.15	94.00	96.00	91.55	1.142 times
27 Wed Nov 2024	92.75	92.50	95.70	90.00	0.443 times
26 Tue Nov 2024	92.15	97.50	97.50	92.10	1.399 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89.6, but if it comes above 89.6, then a intra day buy could be more profitable.
If you take a sell trade below 89.6, then use 89.6 as stoploss and 81.9 as target. However if you take a buy trade in stock , then use 89.6 as stoploss and 95.93 as target.

Share price targets for Zenith Drugs (ZENITHDRUG_ST)

Target Type	Value
Downside Target	79.60
Downside Target	86.10
Upside Target	89.10
Upside Target	94.35
Upside Target	97.25
Upside Target	98.80
Upside Target	98.85
Upside Target	101.00
Upside Target	109.90
Upside Target	112.95
Upside Target	114.50
Upside Target	122.60

Intraday share price targets for Zenith Drugs (ZENITHDRUG_ST)

Target Type	Value
Downside Intraday Target	86.03
Downside Intraday Target	84.57
Upside Intraday Target	89.03
Upside Intraday Target	90.57
Upside Intraday Target	87.57

Weekly technical analysis of Zenith Drugs (ZENITHDRUG_ST)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	87.50	86.10	89.10	86.10	0.129 times
06 Fri Dec 2024	88.15	92.10	94.45	87.25	1.178 times
29 Fri Nov 2024	94.30	98.00	98.85	90.00	0.9 times
22 Fri Nov 2024	95.30	94.10	98.80	89.40	1.921 times
14 Thu Nov 2024	99.05	108.00	109.90	97.25	0.838 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_ST)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	87.50	92.10	94.45	86.10	0.38 times
29 Fri Nov 2024	94.30	107.40	112.95	89.40	0.744 times
31 Thu Oct 2024	103.70	119.00	122.60	94.35	0.753 times
12 Tue Mar 2024	79.60	96.50	101.00	79.60	0.33 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 Drugs (ZENITHDRUG_ST)

Price action analysis of Zenith Drugs ( (ZENITHDRUG_ST) ) 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_ST) ) 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 Drugs ( (ZENITHDRUG_ST) ) 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 Drugs stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Zenith Drugs in short term and the sell signal is strong.

Zenith Drugs 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 Drugs in short term and SELL 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

Although the stock is in the BUY zone, but buying 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 90.96 and Zenith Drugs (ZENITHDRUG_ST) 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 Drugs (ZENITHDRUG_ST) stock. Volume based technical analysis of Zenith Drugs (ZENITHDRUG_ST) stock is negative.

Zenith Drugs 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.