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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 2025-04-08 View latest technical analysis

10 day averaged volume of Pennar Industries is 749190

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	178.05	183.68	183.98	176.25	0.605 times
07 Mon Apr 2025	173.93	151.37	178.50	148.81	2.303 times
04 Fri Apr 2025	183.38	193.00	193.23	181.65	0.885 times
03 Thu Apr 2025	193.12	186.70	195.79	186.70	0.86 times
02 Wed Apr 2025	190.45	186.25	192.85	183.37	0.798 times
01 Tue Apr 2025	185.76	187.80	190.74	183.35	0.926 times
28 Fri Mar 2025	187.80	192.80	194.00	187.20	0.719 times
27 Thu Mar 2025	190.77	177.60	191.80	177.50	1.287 times
26 Wed Mar 2025	180.55	182.35	185.75	179.45	0.473 times
25 Tue Mar 2025	182.34	192.22	192.22	181.20	0.916 times

My analysis of stock is bearish for shortterm, and stock might move down till 173.5 or till 164.2. Use a stoploss of 181.2 and if the stock hits stoploss, then it can shoot up till 188.91

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	148.81
Downside Target	165.00
Downside Target	170.94
Downside Target	177.00
Upside Target	191.79
Upside Target	194.00
Upside Target	195.79
Upside Target	205.20
Upside Target	227.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	156.58
Downside Intraday Target	135.11
Upside Intraday Target	191.75
Upside Intraday Target	205.45
Downside Intraday Target	170.28

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	178.05	151.37	183.98	148.81	0.839 times
04 Fri Apr 2025	183.38	187.80	195.79	181.65	0.82 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

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
08 Tue Apr 2025	178.05	187.80	195.79	148.81	0.38 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Pennar Industries ( (PENIND) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a SELL signal for Pennar Industries in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 but BUY signal is weak.

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 183.55 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.