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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 2025-07-22 View latest technical analysis

10 day averaged volume of Pennar Industries is 701259

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	251.70	243.90	253.38	243.89	2.268 times
21 Mon Jul 2025	242.07	241.99	246.50	238.11	0.677 times
18 Fri Jul 2025	242.76	248.90	249.00	240.27	0.736 times
17 Thu Jul 2025	247.55	242.39	248.90	241.21	1.844 times
16 Wed Jul 2025	241.78	240.20	244.45	238.71	1.041 times
15 Tue Jul 2025	238.48	226.40	242.84	226.40	2.055 times
14 Mon Jul 2025	228.39	228.99	229.55	225.33	0.369 times
11 Fri Jul 2025	229.89	226.30	232.50	226.29	0.647 times
10 Thu Jul 2025	228.61	223.95	229.66	223.70	0.593 times
09 Wed Jul 2025	223.42	226.75	229.60	222.21	1.528 times

Stock of Pennar Industries (PENIND) has showed a significant upmove. This could be a good time to enter in this stock!

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 251.4, for a target of 241.9 or 233.96

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	238.11
Downside Target	242.35
Downside Target	243.50
Downside Target	249.00
Upside Target	253.38
Upside Target	257.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	242.08
Downside Intraday Target	232.46
Upside Intraday Target	257.35
Upside Intraday Target	263
Downside Intraday Target	247.73

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	251.70	241.99	253.38	238.11	0.487 times
18 Fri Jul 2025	242.76	228.99	249.00	225.33	1.6 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

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
22 Tue Jul 2025	251.70	242.35	253.38	222.12	0.407 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 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 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 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 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 239.98 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.