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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 2025-10-01 View latest technical analysis

10 day averaged volume of Pennar Industries is 738379

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Oct 2025	239.33	234.35	239.90	232.68	0.54 times
30 Tue Sep 2025	234.35	235.91	239.98	232.90	0.467 times
29 Mon Sep 2025	235.91	235.99	240.70	233.50	0.453 times
26 Fri Sep 2025	235.22	239.50	243.22	231.05	1.208 times
25 Thu Sep 2025	240.53	242.59	246.90	240.00	0.467 times
24 Wed Sep 2025	242.01	244.60	245.80	241.00	0.513 times
23 Tue Sep 2025	244.78	245.01	246.30	240.12	0.98 times
22 Mon Sep 2025	245.75	250.90	251.58	245.10	0.578 times
19 Fri Sep 2025	250.31	246.35	264.50	245.03	3.968 times
18 Thu Sep 2025	246.35	249.99	249.99	242.16	0.588 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 238.9 as stoploss in an intra day buy trade for a target of 243.83. However, stock will show a bearish move below 238.9.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	211.27
Downside Target	217.42
Downside Target	222.12
Downside Target	231.05
Upside Target	251.58
Upside Target	257.50
Upside Target	257.70
Upside Target	259.48
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	234.44
Downside Intraday Target	229.55
Upside Intraday Target	242.46
Upside Intraday Target	245.59
Downside Intraday Target	237.57

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Oct 2025	239.33	235.99	240.70	232.68	0.39 times
26 Fri Sep 2025	235.22	250.90	251.58	231.05	0.535 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

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
01 Wed Oct 2025	239.33	234.35	239.90	232.68	0.026 times
30 Tue Sep 2025	234.35	240.00	264.50	231.05	0.541 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

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

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

Pennar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Pennar Industries in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Pennar Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 244.44 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.