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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.

Showing technical analysis as on 2025-03-11 View latest technical analysis

10 day averaged volume of Pennar Industries is 579673

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	167.80	167.40	171.55	165.00	0.693 times
10 Mon Mar 2025	169.96	174.00	177.00	168.51	0.572 times
07 Fri Mar 2025	174.25	172.75	177.35	171.47	0.717 times
06 Thu Mar 2025	172.75	169.00	175.40	169.00	1.089 times
05 Wed Mar 2025	168.36	156.82	169.30	156.82	1.508 times
04 Tue Mar 2025	156.82	157.92	161.86	154.43	0.897 times
03 Mon Mar 2025	158.33	159.10	159.85	149.70	1.056 times
28 Fri Feb 2025	156.75	164.52	165.00	155.01	1.367 times
27 Thu Feb 2025	164.33	172.34	172.35	163.10	0.77 times
25 Tue Feb 2025	171.34	168.98	178.62	167.36	1.458 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 171.8 as stoploss in an intra day sell trade for a target of 162.69. However, stock will show a bullish move above 171.8.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	141.57
Downside Target	149.70
Downside Target	155.01
Downside Target	160.00
Downside Target	165.00
Upside Target	174.99
Upside Target	178.62
Upside Target	187.12
Upside Target	205.20
Upside Target	213.65
Upside Target	227.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	162.87
Downside Intraday Target	157.93
Upside Intraday Target	174.87
Upside Intraday Target	181.93
Upside Intraday Target	169.93

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	167.80	174.00	177.00	165.00	0.24 times
07 Fri Mar 2025	174.25	159.10	177.35	149.70	1.265 times
28 Fri Feb 2025	156.75	171.00	178.62	155.01	0.273 times
21 Fri Feb 2025	173.65	142.80	174.99	141.57	2.877 times
14 Fri Feb 2025	144.06	160.00	160.00	135.65	1.506 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
11 Tue Mar 2025	167.80	159.10	177.35	149.70	0.231 times
28 Fri Feb 2025	156.75	158.02	178.62	135.65	1.36 times
31 Fri Jan 2025	164.59	196.60	205.20	150.76	0.545 times
31 Tue Dec 2024	193.49	209.00	227.70	187.12	0.966 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 losing 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 tired and bears are picking up momentum.

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

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

RSI is generating a BUY signal in short term and the buying is gaining 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 165.79 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 has given negative 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.