Mobile app version of munafa.org
Login or Join
 Learn then Earn

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 2025-06-03 View latest technical analysis

10 day averaged volume of Pennar Industries is 1644386

Date Daily Closing Price Open High Low Volume
03 Tue Jun 2025 237.56 244.00 248.00 235.62 1.967 times
02 Mon Jun 2025 241.95 219.80 244.99 217.71 4.839 times
30 Fri May 2025 212.66 225.20 227.70 205.65 0.807 times
29 Thu May 2025 224.85 224.20 229.60 220.48 0.791 times
28 Wed May 2025 222.71 221.00 224.00 219.50 0.263 times
27 Tue May 2025 220.07 215.00 221.00 212.52 0.407 times
26 Mon May 2025 214.68 213.90 222.20 213.65 0.539 times
23 Fri May 2025 215.68 214.48 218.45 209.56 0.617 times
22 Thu May 2025 213.09 204.80 214.66 201.34 0.781 times
21 Wed May 2025 204.70 201.35 207.50 198.12 0.563 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 223.8, but if it comes below 223.8, then a intra day sell could be more profitable.
If you take a sell trade below 223.8, then use 223.8 as stoploss and 204.92 as target. However if you take a buy trade in stock , then use 223.8 as stoploss and 246.4 as target.

Share price targets for Pennar Industries (PENIND)

Target Type Value
Downside Target 135.65
Downside Target 148.81
Downside Target 168.10
Downside Target 178.00
Downside Target 185.50
Downside Target 192.53
Downside Target 199.10
Downside Target 217.71
Downside Target 218.45
Downside Target 229.60
Upside Target 248.00

Intraday share price targets for Pennar Industries (PENIND)

Target Type Value
Downside Intraday Target 220.85
Downside Intraday Target 204.13
Upside Intraday Target 251.14
Upside Intraday Target 264.71
Downside Intraday Target 234.42

Weekly technical analysis of Pennar Industries (PENIND)

Date Weekly Closing Price Open High Low Volume
03 Tue Jun 2025 237.56 219.80 248.00 217.71 2.425 times
30 Fri May 2025 212.66 213.90 229.60 205.65 1.041 times
23 Fri May 2025 215.68 193.61 218.45 192.53 1.75 times
16 Fri May 2025 193.61 183.85 199.10 178.00 1.373 times
09 Fri May 2025 172.52 182.00 185.50 168.10 1.443 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
03 Tue Jun 2025 237.56 219.80 248.00 217.71 0.818 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
28 Fri Mar 2025 187.80 159.10 194.00 149.70 0.768 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 neutral. A longer time frame might give a better analysis.

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 coming down

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 230.35 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.

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 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 coming down

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 230.35 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.

Click here for Pennar Industries charts

Click here for further forecast and predictions for tomorrow

Daily charts

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

Daily chart
Back to top | Use Dark Theme