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(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 668649

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Aug 2025	216.60	222.00	224.79	215.26	0.612 times
11 Mon Aug 2025	220.56	222.20	225.70	218.80	0.404 times
08 Fri Aug 2025	221.37	228.00	228.40	220.50	0.487 times
07 Thu Aug 2025	225.58	222.59	227.19	219.72	0.642 times
06 Wed Aug 2025	220.49	234.50	234.50	219.67	1.741 times
05 Tue Aug 2025	233.17	232.26	237.49	231.65	0.57 times
04 Mon Aug 2025	232.26	232.25	235.00	227.95	0.56 times
01 Fri Aug 2025	232.25	240.00	240.25	230.62	0.797 times
31 Thu Jul 2025	239.89	232.59	245.74	231.42	1.255 times
30 Wed Jul 2025	234.32	254.00	259.30	230.60	2.385 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 225.6, but if it comes above 225.6, then a intra day buy could be more profitable.
If you take a sell trade below 225.6, then use 225.6 as stoploss and 210.5 as target. However if you take a buy trade in stock , then use 225.6 as stoploss and 238.22 as target.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	148.81
Downside Target	168.10
Downside Target	201.91
Downside Target	215.26
Upside Target	237.49
Upside Target	238.11
Upside Target	240.25
Upside Target	249.00
Upside Target	257.70
Upside Target	259.30
Upside Target	265.20

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	212.67
Downside Intraday Target	208.75
Upside Intraday Target	223.11
Upside Intraday Target	229.63
Upside Intraday Target	219.19

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Aug 2025	216.60	222.20	225.70	215.26	0.254 times
08 Fri Aug 2025	221.37	232.25	237.49	219.67	0.543 times
01 Fri Aug 2025	232.25	249.93	259.30	230.60	0.789 times
25 Fri Jul 2025	249.93	241.99	265.20	238.11	1.472 times
18 Fri Jul 2025	242.76	228.99	249.00	225.33	1.6 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
12 Tue Aug 2025	216.60	240.00	240.25	215.26	0.192 times
31 Thu Jul 2025	239.89	242.35	265.20	222.12	0.705 times
30 Mon Jun 2025	240.65	219.80	257.70	217.42	2.101 times
30 Fri May 2025	212.66	181.78	229.60	168.10	1.232 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 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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.

Pennar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Pennar Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 229.15 and Pennar Industries (PENIND) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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.