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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 2025-04-01 View latest technical analysis

10 day averaged volume of Pennar Industries is 765470

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	185.76	187.80	190.74	183.35	0.906 times
28 Fri Mar 2025	187.80	192.80	194.00	187.20	0.704 times
27 Thu Mar 2025	190.77	177.60	191.80	177.50	1.26 times
26 Wed Mar 2025	180.55	182.35	185.75	179.45	0.463 times
25 Tue Mar 2025	182.34	192.22	192.22	181.20	0.897 times
24 Mon Mar 2025	185.64	189.99	191.80	185.35	0.816 times
21 Fri Mar 2025	188.43	183.99	190.00	181.90	1.478 times
20 Thu Mar 2025	183.18	184.50	185.47	178.00	0.849 times
19 Wed Mar 2025	183.57	189.20	191.79	182.57	0.97 times
18 Tue Mar 2025	185.33	177.81	186.70	176.55	1.125 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 186.5 as stoploss in an intra day sell trade for a target of 176.78. However, stock will show a bullish move above 186.5.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	149.70
Downside Target	165.00
Downside Target	170.94
Downside Target	177.00
Downside Target	183.35
Upside Target	187.12
Upside Target	190.74
Upside Target	191.79
Upside Target	194.00
Upside Target	205.20
Upside Target	227.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	182.49
Downside Intraday Target	179.23
Upside Intraday Target	189.88
Upside Intraday Target	194.01
Upside Intraday Target	186.62

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Apr 2025	185.76	187.80	190.74	183.35	0.219 times
28 Fri Mar 2025	187.80	189.99	194.00	177.50	0.706 times
21 Fri Mar 2025	188.43	172.49	191.79	170.94	2.408 times
13 Thu Mar 2025	168.44	174.00	177.00	165.00	0.61 times
07 Fri Mar 2025	174.25	159.10	177.35	149.70	1.265 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
01 Tue Apr 2025	185.76	187.80	190.74	183.35	0.055 times
28 Fri Mar 2025	187.80	159.10	194.00	149.70	0.768 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

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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Pennar Industries in short term and the buy signal is strong.

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 green color and prices are above the green 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 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 185.9 and Pennar Industries (PENIND) stock is trading below this level. This means that stock is falling with high volumes. 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.