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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 2025-04-25 View latest technical analysis

10 day averaged volume of Pennar Industries is 492407

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	189.37	199.99	199.99	187.90	1.684 times
24 Thu Apr 2025	198.07	198.50	201.91	196.05	0.84 times
23 Wed Apr 2025	198.38	198.80	199.62	191.69	1.722 times
22 Tue Apr 2025	197.10	192.69	198.50	189.43	1.455 times
21 Mon Apr 2025	191.49	186.80	192.56	185.99	0.857 times
17 Thu Apr 2025	185.88	187.11	190.15	183.10	0.86 times
16 Wed Apr 2025	189.16	187.41	191.32	185.28	0.788 times
15 Tue Apr 2025	186.68	184.98	187.30	182.21	0.86 times
11 Fri Apr 2025	179.70	179.97	181.49	175.11	0.919 times
09 Wed Apr 2025	171.86	176.00	177.04	171.06	0.78 times

My analysis of stock is bullish for shortterm, and stock might move up till 194 or till 202.7. Use a stoploss of 186.69 and if this stock hits its stoploss, then it can fall down till 179.41

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	148.81
Downside Target	177.50
Upside Target	191.32
Upside Target	194.00
Upside Target	195.79
Upside Target	201.91
Upside Target	205.20
Upside Target	227.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	182.94
Downside Intraday Target	176.5
Upside Intraday Target	198.86
Upside Intraday Target	208.34
Upside Intraday Target	192.42

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	189.37	186.80	201.91	185.99	2.615 times
17 Thu Apr 2025	185.88	184.98	191.32	182.21	0.41 times
11 Fri Apr 2025	179.70	151.37	183.98	148.81	1.161 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Pennar Industries (PENIND)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	189.37	187.80	201.91	148.81	0.802 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 neutral. A longer time frame might give a better analysis.

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 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 SELL. Signal strength is Weak 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 190.1 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.