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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 2025-04-02 View latest technical analysis

10 day averaged volume of Pennar Industries is 724693

Date	Daily Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	190.45	186.25	192.85	183.37	0.825 times
01 Tue Apr 2025	185.76	187.80	190.74	183.35	0.957 times
28 Fri Mar 2025	187.80	192.80	194.00	187.20	0.743 times
27 Thu Mar 2025	190.77	177.60	191.80	177.50	1.331 times
26 Wed Mar 2025	180.55	182.35	185.75	179.45	0.489 times
25 Tue Mar 2025	182.34	192.22	192.22	181.20	0.947 times
24 Mon Mar 2025	185.64	189.99	191.80	185.35	0.862 times
21 Fri Mar 2025	188.43	183.99	190.00	181.90	1.561 times
20 Thu Mar 2025	183.18	184.50	185.47	178.00	0.896 times
19 Wed Mar 2025	183.57	189.20	191.79	182.57	1.025 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 187.6, but if it comes below 187.6, then a intra day sell could be more profitable.
If you take a sell trade below 187.6, then use 187.6 as stoploss and 178.38 as target. However if you take a buy trade in stock , then use 187.6 as stoploss and 198.7 as target.

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
Downside Target	187.12
Upside Target	191.79
Upside Target	192.85
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	184.92
Downside Intraday Target	179.38
Upside Intraday Target	194.42
Upside Intraday Target	198.38
Downside Intraday Target	188.88

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Wed Apr 2025	190.45	187.80	192.85	183.35	0.407 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 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
02 Wed Apr 2025	190.45	187.80	192.85	183.35	0.103 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 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 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 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 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 gaining momentum.

MACD generated a BUY signal for Pennar Industries in short term and the buy 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. 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 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 but buying 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 186.36 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.