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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 2025-07-16 View latest technical analysis

10 day averaged volume of Pennar Industries is 614264

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Jul 2025	241.78	240.20	244.45	238.71	1.189 times
15 Tue Jul 2025	238.48	226.40	242.84	226.40	2.346 times
14 Mon Jul 2025	228.39	228.99	229.55	225.33	0.421 times
11 Fri Jul 2025	229.89	226.30	232.50	226.29	0.739 times
10 Thu Jul 2025	228.61	223.95	229.66	223.70	0.676 times
09 Wed Jul 2025	223.42	226.75	229.60	222.21	1.744 times
08 Tue Jul 2025	225.15	223.56	226.60	222.22	0.585 times
07 Mon Jul 2025	223.50	225.16	229.21	222.59	0.57 times
04 Fri Jul 2025	225.16	232.60	232.81	222.12	1.19 times
03 Thu Jul 2025	232.80	231.00	236.78	231.00	0.886 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 243.2, for a target of 235.8 or 229.56

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
Downside Target	232.50
Downside Target	240.90
Upside Target	242.35
Upside Target	243.50
Upside Target	244.45
Upside Target	257.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	229.92
Downside Intraday Target	218.07
Upside Intraday Target	249.04
Upside Intraday Target	256.31
Downside Intraday Target	237.19

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Jul 2025	241.78	228.99	244.45	225.33	0.917 times
11 Fri Jul 2025	229.89	225.16	232.50	222.21	0.642 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

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
16 Wed Jul 2025	241.78	242.35	244.45	222.12	0.272 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 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 to mid 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 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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 231.05 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 negative.

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