(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 2024-09-24 View latest technical analysis
10 day averaged volume of Pennar Industries is 610892
Date | Daily Closing Price | Open | High | Low | Volume |
24 Tue Sep 2024 | 181.16 | 172.83 | 185.00 | 172.30 | 4.957 times |
23 Mon Sep 2024 | 172.58 | 170.69 | 174.56 | 170.50 | 1.023 times |
20 Fri Sep 2024 | 169.65 | 167.00 | 170.94 | 167.00 | 0.753 times |
19 Thu Sep 2024 | 166.42 | 170.48 | 172.99 | 162.27 | 1.284 times |
18 Wed Sep 2024 | 169.23 | 169.50 | 172.51 | 167.21 | 0.991 times |
17 Tue Sep 2024 | 169.51 | 175.30 | 175.30 | 168.93 | 0.688 times |
16 Mon Sep 2024 | 174.07 | 173.84 | 175.99 | 172.50 | 0.79 times |
13 Fri Sep 2024 | 172.38 | 170.00 | 173.05 | 169.23 | 1.012 times |
12 Thu Sep 2024 | 169.23 | 168.51 | 171.29 | 166.94 | 0.925 times |
11 Wed Sep 2024 | 167.67 | 170.97 | 173.35 | 166.21 | 1.217 times |
Stock of Pennar Industries (PENIND) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 178.3, but if it comes below 178.3, then a intra day sell could be more profitable.
If you take a sell trade below 178.3, then use 178.3 as stoploss and 172.82 as target. However if you take a buy trade in stock , then use 178.3 as stoploss and 184.8 as target.
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 | 170.50 |
Upside Target | 184.26 |
Upside Target | 185.00 |
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 | 172.77 |
Downside Intraday Target | 164.39 |
Upside Intraday Target | 187.27 |
Upside Intraday Target | 193.39 |
Downside Intraday Target | 178.89 |
Weekly technical analysis of Pennar Industries (PENIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Tue Sep 2024 | 181.16 | 170.69 | 185.00 | 170.50 | 1.327 times |
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 |
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 |
24 Tue Sep 2024 | 181.16 | 178.00 | 185.00 | 162.27 | 0.888 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal in short term and the buying is gaining 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 173.96 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 positive
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Industries ( (PENIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 BUY signal in short term and the buying is gaining 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 173.96 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 positive
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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