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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.

10 day averaged volume of Pennar Industries is 809705

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Sep 2025	245.75	250.90	251.58	245.10	0.527 times
19 Fri Sep 2025	250.31	246.35	264.50	245.03	3.618 times
18 Thu Sep 2025	246.35	249.99	249.99	242.16	0.536 times
17 Wed Sep 2025	247.68	242.95	250.00	240.01	0.711 times
16 Tue Sep 2025	241.09	245.57	251.93	240.31	0.64 times
15 Mon Sep 2025	245.57	243.39	247.00	236.90	0.877 times
12 Fri Sep 2025	243.14	247.30	250.01	242.10	0.459 times
11 Thu Sep 2025	245.92	250.33	253.78	245.01	0.468 times
10 Wed Sep 2025	250.33	243.79	252.49	242.21	1.081 times
09 Tue Sep 2025	242.87	254.05	254.18	241.25	0.728 times

My analysis of stock is bearish for shortterm, and stock might move down till 242.6 or till 237.8. Use a stoploss of 246.52 and if the stock hits stoploss, then it can shoot up till 250.49

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	168.10
Downside Target	211.27
Downside Target	217.42
Downside Target	222.12
Downside Target	229.60
Downside Target	236.90
Upside Target	251.58
Upside Target	257.50
Upside Target	259.48
Upside Target	259.99
Upside Target	264.50
Upside Target	265.20
Upside Target	269.20

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	243.37
Downside Intraday Target	241
Upside Intraday Target	249.85
Upside Intraday Target	253.96
Upside Intraday Target	247.48

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Sep 2025	245.75	250.90	251.58	245.10	0.083 times
19 Fri Sep 2025	250.31	243.39	264.50	236.90	1.764 times
12 Fri Sep 2025	243.14	247.40	257.50	241.25	0.829 times
05 Fri Sep 2025	247.41	240.00	259.48	238.12	2.539 times
29 Fri Aug 2025	239.29	259.99	259.99	238.15	0.066 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
22 Mon Sep 2025	245.75	240.00	264.50	236.90	0.433 times
29 Fri Aug 2025	239.29	240.00	269.20	211.27	1.376 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

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Pennar Industries ( (PENIND) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong and stock is losing momentum.

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

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 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 but SELL signal is weak.

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 247.49 and Pennar Industries (PENIND) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.