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Stock analysis Zenith Steel Pip Ind Ltd ZENITHSTL

More indepth analysis on MunafaSutra.com

Moving Averages for Zenith Steel Pip Ind Ltd

  • 5Day Average: 6.95
  • 12Day Average: 7.05
  • 20Day Average: 7.2
  • 50Day Average: 6.94
  • 100Day Average: 6.94
  • 150Day Average: 7.46
  • 200Day Average: 7.69

ZENITHSTL Indicators & signals

Indicator MACD (12,26,9)

7.03, 7.03, 0.04
Indicator MACD is in positive zone

Indicator ADX (14)

0, 15.56, 15.56
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
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
05 Thu Jun 2025 6.92 6.90 to 7.03 0% 0.9 times
04 Wed Jun 2025 6.92 6.89 to 7.12 -0.29% 0.56 times
03 Tue Jun 2025 6.94 6.90 to 7.38 -2.25% 0.93 times
02 Mon Jun 2025 7.10 6.87 to 7.37 3.35% 0.7 times
30 Fri May 2025 6.87 6.52 to 7.25 -2.97% 1.32 times
29 Thu May 2025 7.08 7.01 to 7.14 0.28% 0.71 times
28 Wed May 2025 7.06 7.00 to 7.14 1.15% 0.39 times
27 Tue May 2025 6.98 6.85 to 7.10 0.43% 1.06 times
26 Mon May 2025 6.95 6.80 to 7.31 -2.52% 2.73 times
23 Fri May 2025 7.13 7.03 to 7.49 -2.46% 0.74 times
22 Thu May 2025 7.31 7.08 to 7.50 0.27% 0.86 times
21 Wed May 2025 7.29 7.26 to 7.50 -0.14% 0.47 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 6.8 as stoploss in an intra day buy trade for a target of 7.05. However, stock will show a bearish move below 6.8.

More indepth analysis on MunafaSutra.com