ZENITHSTL technical summary

At ₹4.95, Zenith Steel Pipes & Industries Limited is trading 7.3% below its 50-day average of ₹5.34 and 10.9% below its 200-day average of ₹5.56. The 14-day RSI is 40.9, in the neutral range between 30 and 70. MACD is -0.10 against a signal line of -0.11, so the MACD line sits above its signal line. ADX(14) reads 24.3, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹4.41 to ₹9.43, with the price 11% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹4.92, resistance ₹5.16 and ₹5.33, support ₹4.75 and ₹4.51.