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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 2025-07-07 View latest technical analysis

10 day averaged volume of Pennar Industries is 756525

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Jul 2025	223.50	225.16	229.21	222.59	0.463 times
04 Fri Jul 2025	225.16	232.60	232.81	222.12	0.966 times
03 Thu Jul 2025	232.80	231.00	236.78	231.00	0.719 times
02 Wed Jul 2025	230.25	230.95	232.74	226.99	0.685 times
01 Tue Jul 2025	229.98	242.35	242.35	228.90	1.24 times
30 Mon Jun 2025	240.65	232.70	242.00	232.58	1.845 times
27 Fri Jun 2025	230.88	234.80	236.00	230.24	0.656 times
26 Thu Jun 2025	232.97	234.89	243.50	232.10	1.196 times
25 Wed Jun 2025	233.21	235.90	238.55	231.15	0.869 times
24 Tue Jun 2025	234.13	227.56	236.24	222.28	1.332 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 224.8, but if it comes above 224.8, then a intra day buy could be more profitable.
If you take a sell trade below 224.8, then use 224.8 as stoploss and 216.3 as target. However if you take a buy trade in stock , then use 224.8 as stoploss and 231.89 as target.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	148.81
Downside Target	168.10
Downside Target	194.00
Downside Target	201.91
Downside Target	217.42
Upside Target	229.21
Upside Target	230.10
Upside Target	240.90
Upside Target	242.35
Upside Target	243.50
Upside Target	254.30
Upside Target	257.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	220.99
Downside Intraday Target	218.48
Upside Intraday Target	227.61
Upside Intraday Target	231.72
Upside Intraday Target	225.1

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Jul 2025	223.50	225.16	229.21	222.59	0.085 times
04 Fri Jul 2025	225.16	232.70	242.35	222.12	1.201 times
27 Fri Jun 2025	230.88	220.90	243.50	218.85	1.249 times
20 Fri Jun 2025	220.67	236.85	240.90	217.42	0.776 times
13 Fri Jun 2025	236.85	246.91	254.30	230.10	0.201 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
07 Mon Jul 2025	223.50	242.35	242.35	222.12	0.107 times
30 Mon Jun 2025	240.65	219.80	257.70	217.42	2.101 times
30 Fri May 2025	212.66	181.78	229.60	168.10	1.232 times
30 Wed Apr 2025	183.78	187.80	201.91	148.81	0.883 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid 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.

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 gaining momentum.

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

Pennar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Pennar Industries in short term and SELL signal is strong!

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

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 232.66 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.