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.

Showing technical analysis as on 2024-09-20 View latest technical analysis

10 day averaged volume of Pennar Industries is 710574

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 169.65 167.00 170.94 167.00 0.648 times
19 Thu Sep 2024 166.42 170.48 172.99 162.27 1.104 times
18 Wed Sep 2024 169.23 169.50 172.51 167.21 0.852 times
17 Tue Sep 2024 169.51 175.30 175.30 168.93 0.591 times
16 Mon Sep 2024 174.07 173.84 175.99 172.50 0.679 times
13 Fri Sep 2024 172.38 170.00 173.05 169.23 0.87 times
12 Thu Sep 2024 169.23 168.51 171.29 166.94 0.796 times
11 Wed Sep 2024 167.67 170.97 173.35 166.21 1.046 times
10 Tue Sep 2024 169.85 166.28 172.60 165.38 1.133 times
09 Mon Sep 2024 164.87 169.00 169.00 163.55 1.366 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 167.1 as stoploss in an intra day buy trade for a target of 173.87. However, stock will show a bearish move below 167.1.

Share price targets for Pennar Industries (PENIND)

Target Type Value
Downside Target 120.10
Downside Target 122.60
Downside Target 152.00
Downside Target 162.27
Downside Target 169.30
Upside Target 173.35
Upside Target 184.26
Upside Target 186.00
Upside Target 193.80
Upside Target 201.33
Upside Target 204.12

Intraday share price targets for Pennar Industries (PENIND)

Target Type Value
Downside Intraday Target 162.62
Downside Intraday Target 155.58
Upside Intraday Target 176.34
Upside Intraday Target 183.02
Downside Intraday Target 169.3

Weekly technical analysis of Pennar Industries (PENIND)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 169.65 173.84 175.99 162.27 0.743 times
13 Fri Sep 2024 172.38 169.00 173.35 163.55 0.451 times
06 Fri Sep 2024 169.19 178.00 184.26 165.25 2.715 times
30 Fri Aug 2024 178.00 193.00 193.80 175.93 0.419 times
23 Fri Aug 2024 191.85 169.97 201.33 169.30 1.749 times

Price has moved down 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
20 Fri Sep 2024 169.65 178.00 184.26 162.27 0.711 times
30 Fri Aug 2024 178.00 194.20 201.33 164.30 0.733 times
31 Wed Jul 2024 193.81 171.40 204.12 164.00 0.883 times
28 Fri Jun 2024 168.39 151.00 186.00 120.10 1.773 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid 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.

Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Pennar Industries in short term and the sell signal is strong.

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

Pennar Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Pennar Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 168.84 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 falling down

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid 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.

Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a SELL signal for Pennar Industries in short term and the sell signal is strong.

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

Pennar Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Pennar Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 168.84 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 falling down

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