(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.
Showing technical analysis as on 2024-04-03 View latest technical analysis
10 day averaged volume of Pennar Industries is 860082
Date | Daily Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 137.75 | 132.95 | 139.45 | 132.85 | 1.472 times |
02 Tue Apr 2024 | 132.80 | 134.55 | 136.80 | 131.55 | 0.969 times |
01 Mon Apr 2024 | 133.75 | 134.45 | 137.50 | 132.90 | 0.754 times |
28 Thu Mar 2024 | 132.70 | 130.85 | 135.40 | 130.25 | 0.993 times |
27 Wed Mar 2024 | 129.90 | 126.60 | 134.65 | 126.60 | 1.815 times |
26 Tue Mar 2024 | 126.85 | 125.80 | 127.80 | 124.10 | 0.783 times |
22 Fri Mar 2024 | 124.05 | 123.30 | 125.80 | 122.65 | 0.454 times |
21 Thu Mar 2024 | 123.30 | 126.10 | 126.70 | 122.30 | 0.729 times |
20 Wed Mar 2024 | 124.25 | 120.80 | 125.20 | 119.00 | 1.102 times |
19 Tue Mar 2024 | 119.60 | 120.00 | 128.50 | 117.80 | 1.496 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 133.5, but if it comes below 133.5, then a intra day sell could be more profitable.
If you take a sell trade below 133.5, then use 133.5 as stoploss and 126.65 as target. However if you take a buy trade in stock , then use 133.5 as stoploss and 141.8 as target.
Share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Target | 106.40 |
Downside Target | 113.00 |
Downside Target | 117.80 |
Downside Target | 123.70 |
Downside Target | 131.85 |
Downside Target | 135.40 |
Upside Target | 138.80 |
Upside Target | 138.95 |
Upside Target | 139.45 |
Upside Target | 156.80 |
Upside Target | 163.40 |
Intraday share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Intraday Target | 133.05 |
Downside Intraday Target | 128.35 |
Upside Intraday Target | 140.95 |
Upside Intraday Target | 144.15 |
Downside Intraday Target | 136.25 |
Weekly technical analysis of Pennar Industries (PENIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Wed Apr 2024 | 137.75 | 134.45 | 139.45 | 131.55 | 0.89 times |
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 |
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 |
03 Wed Apr 2024 | 137.75 | 134.45 | 139.45 | 131.55 | 0.164 times |
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 |
Scroll below to view daily charts
Price has moved up 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Pennar Industries stock for short term is BUY. Signal strength is Strong 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 128.82 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Pennar Industries stock for short term is BUY. Signal strength is Strong 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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar Industries is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 128.82 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
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Daily charts
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