Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-08-18 View latest technical analysis

10 day averaged volume of Pennar Industries is 528234

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Aug 2025	255.30	224.70	255.30	220.61	16.601 times
14 Thu Aug 2025	212.75	223.26	226.43	211.27	1.709 times
13 Wed Aug 2025	223.26	218.04	224.68	218.04	0.935 times
12 Tue Aug 2025	216.60	222.00	224.79	215.26	0.775 times
11 Mon Aug 2025	220.56	222.20	225.70	218.80	0.511 times
08 Fri Aug 2025	221.37	228.00	228.40	220.50	0.616 times
07 Thu Aug 2025	225.58	222.59	227.19	219.72	0.813 times
06 Wed Aug 2025	220.49	234.50	234.50	219.67	2.203 times
05 Tue Aug 2025	233.17	232.26	237.49	231.65	0.721 times
04 Mon Aug 2025	232.26	232.25	235.00	227.95	0.708 times

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

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 250.5, but if it comes below 250.5, then a intra day sell could be more profitable.
If you take a sell trade below 250.5, then use 250.5 as stoploss and 236.18 as target. However if you take a buy trade in stock , then use 250.5 as stoploss and 267.8 as target.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	148.81
Downside Target	168.10
Downside Target	201.91
Downside Target	211.27
Downside Target	217.42
Downside Target	237.49
Downside Target	238.11
Downside Target	255.30
Upside Target	257.70
Upside Target	259.30
Upside Target	265.20

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	232.17
Downside Intraday Target	209.05
Upside Intraday Target	266.86
Upside Intraday Target	278.43
Downside Intraday Target	243.74

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Aug 2025	255.30	224.70	255.30	220.61	4.224 times
14 Thu Aug 2025	212.75	222.20	226.43	211.27	0.776 times
08 Fri Aug 2025	221.37	232.25	237.49	219.67	0.543 times
01 Fri Aug 2025	232.25	249.93	259.30	230.60	0.789 times
25 Fri Jul 2025	249.93	241.99	265.20	238.11	1.472 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
18 Mon Aug 2025	255.30	240.00	255.30	211.27	0.694 times
31 Thu Jul 2025	239.89	242.35	265.20	222.12	0.705 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

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 243.4 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.