Mobile app version of munafa.org.in
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(PENIND) Pennar Industries complete technical analysis [charts+indicators] | Buy/Sell Pennar Industries | (PENIND) share price targets

Complete technical analysis of Pennar Industries (PENIND) by charts plus indicators, forecast predictions and share price targets for Pennar Industries (PENIND)

Pennar Industries trades in NSE in Iron & Steel sector.

10 day averaged volume of Pennar Industries is 1054240

Date Daily Closing Price Open High Low Volume
28 Thu Mar 2024 132.70 130.85 135.40 130.25 0.81 times
27 Wed Mar 2024 129.90 126.60 134.65 126.60 1.481 times
26 Tue Mar 2024 126.85 125.80 127.80 124.10 0.639 times
22 Fri Mar 2024 124.05 123.30 125.80 122.65 0.371 times
21 Thu Mar 2024 123.30 126.10 126.70 122.30 0.595 times
20 Wed Mar 2024 124.25 120.80 125.20 119.00 0.899 times
19 Tue Mar 2024 119.60 120.00 128.50 117.80 1.22 times
18 Mon Mar 2024 119.45 123.80 125.85 118.85 0.738 times
15 Fri Mar 2024 123.15 126.80 126.80 119.55 0.98 times
14 Thu Mar 2024 127.00 106.90 129.40 106.40 1.683 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 134.1 as stoploss in an intra day sell trade for a target of 126.89. However, stock will show a bullish move above 134.1.

Share price targets for Pennar Industries (PENIND)

Target Type Value
Downside Target 100.85
Downside Target 106.40
Downside Target 113.00
Downside Target 117.80
Downside Target 123.70
Downside Target 131.90
Upside Target 135.40
Upside Target 138.80
Upside Target 138.95
Upside Target 143.60
Upside Target 156.80
Upside Target 163.40

Intraday share price targets for Pennar Industries (PENIND)

Target Type Value
Downside Intraday Target 126.07
Downside Intraday Target 119.43
Upside Intraday Target 137.37
Upside Intraday Target 142.03
Downside Intraday Target 130.73

Weekly technical analysis of Pennar Industries (PENIND)

Date Weekly Closing Price Open High Low Volume
28 Thu Mar 2024 132.70 125.80 135.40 124.10 0.766 times
22 Fri Mar 2024 124.05 123.80 128.50 117.80 0.6 times
15 Fri Mar 2024 123.15 130.75 131.85 106.40 2.959 times
07 Thu Mar 2024 129.85 138.00 138.80 126.10 0.75 times
02 Sat Mar 2024 137.70 141.50 143.60 130.70 0.675 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Pennar Industries (PENIND)

Date Monthly Closing Price Open High Low Volume
28 Thu Mar 2024 132.70 135.20 138.95 106.40 0.903 times
29 Thu Feb 2024 134.30 154.00 163.40 130.70 0.491 times
31 Wed Jan 2024 153.30 125.35 156.80 123.70 1.289 times
29 Fri Dec 2023 124.70 119.35 130.55 113.00 0.677 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Pennar Industries (PENIND)

Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Pennar Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Pennar Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Pennar Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Pennar Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Pennar Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 125.37 and Pennar Industries (PENIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Pennar Industries (PENIND) stock. Volume based technical analysis of Pennar Industries (PENIND) stock is negative.

Pennar Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Pennar Industries stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Pennar Industries in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Pennar Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Pennar Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Pennar Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 125.37 and Pennar Industries (PENIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Pennar Industries (PENIND) stock. Volume based technical analysis of Pennar Industries (PENIND) stock is negative.

Pennar Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Pennar Industries charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme