ZENITHSTL technical summary

At ₹5, Zenith Steel Pipes & Industries Limited is trading 6.5% below its 50-day average of ₹5.35 and 10.2% below its 200-day average of ₹5.57. The 14-day RSI is 42.7, 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 23.6, 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 12% of the way up it. Classic daily pivot levels from the 29 Oct 2026 session: pivot ₹5, resistance ₹5.08 and ₹5.18, support ₹4.9 and ₹4.82.