Homepage Active Options Active Stocks

Stock analysis Zenith Steel Pip Ind Ltd ZENITHSTL

More indepth analysis on MunafaSutra.com

Moving Averages for Zenith Steel Pip Ind Ltd

  • 5Day Average: 6.62
  • 12Day Average: 6.61
  • 20Day Average: 6.58
  • 50Day Average: 6.84
  • 100Day Average: 7.64
  • 150Day Average: 7.86
  • 200Day Average: 7.11

ZENITHSTL Indicators & signals

Indicator MACD (12,26,9)

6.6, 6.7, -0.11
Indicator MACD is in negative zone

Indicator ADX (14)

17.65, 13.21, 18.87
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 41
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ZENITHSTL Zenith Steel Pip Ind Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
28 Fri Mar 2025 6.50 6.24 to 6.86 4.17% 1.45 times
27 Thu Mar 2025 6.24 6.12 to 6.90 -3.41% 1.55 times
26 Wed Mar 2025 6.46 6.40 to 7.15 -5.97% 1.98 times
25 Tue Mar 2025 6.87 6.77 to 7.23 -2% 0.6 times
24 Mon Mar 2025 7.01 6.87 to 7.34 2.64% 1.28 times
21 Fri Mar 2025 6.83 6.66 to 6.95 0.44% 0.93 times
20 Thu Mar 2025 6.80 6.75 to 7.02 0.29% 0.58 times
19 Wed Mar 2025 6.78 6.65 to 6.90 2.42% 0.79 times
18 Tue Mar 2025 6.62 6.27 to 6.84 5.08% 0.96 times
17 Mon Mar 2025 6.30 6.24 to 6.64 -4.11% 0.66 times
13 Thu Mar 2025 6.57 6.42 to 6.71 3.46% 0.68 times
12 Wed Mar 2025 6.35 6.30 to 6.73 -2.61% 0.4 times

Technical analysis forecast for Zenith Steel Pip Ind Ltd Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Zenith Steel Pip Ind Ltd ZENITHSTL at this time. Stock is falling and might fall more.

It appears as if Zenith Steel Pip Ind Ltd ZENITHSTL gave a large move recently.

Stock of Zenith Steel Pip Ind Ltd (ZENITHSTL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Zenith Steel Pip Ind Ltd is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.4 as stoploss in an intra day buy trade for a target of 6.64. However, stock will show a bearish move below 6.4.

More indepth analysis on MunafaSutra.com