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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 2025-04-15 View latest technical analysis

10 day averaged volume of Pennar Industries is 711559

Date	Daily Closing Price	Open	High	Low	Volume
15 Tue Apr 2025	186.68	184.98	187.30	182.21	0.595 times
11 Fri Apr 2025	179.70	179.97	181.49	175.11	0.636 times
09 Wed Apr 2025	171.86	176.00	177.04	171.06	0.539 times
08 Tue Apr 2025	178.05	183.68	183.98	176.25	0.637 times
07 Mon Apr 2025	173.93	151.37	178.50	148.81	2.425 times
04 Fri Apr 2025	183.38	193.00	193.23	181.65	0.931 times
03 Thu Apr 2025	193.12	186.70	195.79	186.70	0.905 times
02 Wed Apr 2025	190.45	186.25	192.85	183.37	0.84 times
01 Tue Apr 2025	185.76	187.80	190.74	183.35	0.975 times
28 Fri Mar 2025	187.80	192.80	194.00	187.20	0.757 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 189.1 as stoploss in an intra day sell trade for a target of 182.76. However, stock will show a bullish move above 189.1.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	148.81
Downside Target	170.94
Downside Target	177.50
Upside Target	187.30
Upside Target	191.79
Upside Target	194.00
Upside Target	195.79
Upside Target	205.20
Upside Target	227.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	183.49
Downside Intraday Target	180.31
Upside Intraday Target	188.58
Upside Intraday Target	190.49
Downside Intraday Target	185.4

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Tue Apr 2025	186.68	184.98	187.30	182.21	0.14 times
11 Fri Apr 2025	179.70	151.37	183.98	148.81	1.161 times
04 Fri Apr 2025	183.38	187.80	195.79	181.65	0.82 times
28 Fri Mar 2025	187.80	189.99	194.00	177.50	0.706 times
21 Fri Mar 2025	188.43	172.49	191.79	170.94	2.408 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
15 Tue Apr 2025	186.68	187.80	195.79	148.81	0.48 times
28 Fri Mar 2025	187.80	159.10	194.00	149.70	0.768 times
28 Fri Feb 2025	156.75	158.02	178.62	135.65	1.36 times
31 Fri Jan 2025	164.59	196.60	205.20	150.76	0.545 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 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 term time period is neutral. A longer time frame might give a better analysis.

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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Pennar Industries in short term but the sell 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. 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 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 182.03 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 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.