Stock analysis Zenith Steel Pip Ind Ltd ZENITHSTL
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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 |
| 25 Thu Apr 2024 | 8.15 | 8.05 to 8.45 | -1.21% | 0.48 times |
| 24 Wed Apr 2024 | 8.25 | 8.10 to 8.40 | 1.23% | 0.48 times |
| 23 Tue Apr 2024 | 8.15 | 7.95 to 8.30 | 2.52% | 0.75 times |
| 22 Mon Apr 2024 | 7.95 | 7.85 to 8.40 | -0.62% | 1.61 times |
| 19 Fri Apr 2024 | 8.00 | 7.55 to 8.00 | 4.58% | 0.54 times |
| 18 Thu Apr 2024 | 7.65 | 7.55 to 7.85 | -2.55% | 1.1 times |
| 16 Tue Apr 2024 | 7.85 | 7.85 to 8.05 | -4.85% | 2.89 times |
| 15 Mon Apr 2024 | 8.25 | 8.25 to 8.50 | -4.62% | 0.68 times |
| 12 Fri Apr 2024 | 8.65 | 8.55 to 9.10 | -2.81% | 0.32 times |
| 10 Wed Apr 2024 | 8.90 | 8.65 to 9.05 | 1.14% | 0.33 times |
| 09 Tue Apr 2024 | 8.80 | 8.75 to 9.50 | -3.3% | 1.3 times |
| 08 Mon Apr 2024 | 9.10 | 8.85 to 9.15 | 4% | 0.94 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, and stock might move down till 7.7 or till 7.2. Use a stoploss of 8.17 and if the stock hits stoploss, then it can shoot up till 8.6