(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.
10 day averaged volume of Pennar Industries is 1054240
Date | Daily Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 132.70 | 130.85 | 135.40 | 130.25 | 0.81 times |
27 Wed Mar 2024 | 129.90 | 126.60 | 134.65 | 126.60 | 1.481 times |
26 Tue Mar 2024 | 126.85 | 125.80 | 127.80 | 124.10 | 0.639 times |
22 Fri Mar 2024 | 124.05 | 123.30 | 125.80 | 122.65 | 0.371 times |
21 Thu Mar 2024 | 123.30 | 126.10 | 126.70 | 122.30 | 0.595 times |
20 Wed Mar 2024 | 124.25 | 120.80 | 125.20 | 119.00 | 0.899 times |
19 Tue Mar 2024 | 119.60 | 120.00 | 128.50 | 117.80 | 1.22 times |
18 Mon Mar 2024 | 119.45 | 123.80 | 125.85 | 118.85 | 0.738 times |
15 Fri Mar 2024 | 123.15 | 126.80 | 126.80 | 119.55 | 0.98 times |
14 Thu Mar 2024 | 127.00 | 106.90 | 129.40 | 106.40 | 1.683 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 134.1 as stoploss in an intra day sell trade for a target of 126.89. However, stock will show a bullish move above 134.1.
Share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Target | 100.85 |
Downside Target | 106.40 |
Downside Target | 113.00 |
Downside Target | 117.80 |
Downside Target | 123.70 |
Downside Target | 131.90 |
Upside Target | 135.40 |
Upside Target | 138.80 |
Upside Target | 138.95 |
Upside Target | 143.60 |
Upside Target | 156.80 |
Upside Target | 163.40 |
Intraday share price targets for Pennar Industries (PENIND)
Target Type | Value |
Downside Intraday Target | 126.07 |
Downside Intraday Target | 119.43 |
Upside Intraday Target | 137.37 |
Upside Intraday Target | 142.03 |
Downside Intraday Target | 130.73 |
Weekly technical analysis of Pennar Industries (PENIND)
Date | Weekly Closing Price | Open | High | Low | Volume |
28 Thu Mar 2024 | 132.70 | 125.80 | 135.40 | 124.10 | 0.766 times |
22 Fri Mar 2024 | 124.05 | 123.80 | 128.50 | 117.80 | 0.6 times |
15 Fri Mar 2024 | 123.15 | 130.75 | 131.85 | 106.40 | 2.959 times |
07 Thu Mar 2024 | 129.85 | 138.00 | 138.80 | 126.10 | 0.75 times |
02 Sat Mar 2024 | 137.70 | 141.50 | 143.60 | 130.70 | 0.675 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 |
28 Thu Mar 2024 | 132.70 | 135.20 | 138.95 | 106.40 | 0.903 times |
29 Thu Feb 2024 | 134.30 | 154.00 | 163.40 | 130.70 | 0.491 times |
31 Wed Jan 2024 | 153.30 | 125.35 | 156.80 | 123.70 | 1.289 times |
29 Fri Dec 2023 | 124.70 | 119.35 | 130.55 | 113.00 | 0.677 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 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 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 125.37 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.
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 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 neutral. A longer time frame might give a better analysis.
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 Weak and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 SELL signal in short term and selling is picking up 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 125.37 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.
Click here for Pennar Industries charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org2024 All Rights reserved.