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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 2025-10-06 View latest technical analysis

10 day averaged volume of Pennar Industries is 709412

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Oct 2025	236.71	245.00	246.30	236.16	0.495 times
03 Fri Oct 2025	244.06	239.00	245.50	238.83	0.453 times
01 Wed Oct 2025	239.33	234.35	239.90	232.68	0.562 times
30 Tue Sep 2025	234.35	235.91	239.98	232.90	0.486 times
29 Mon Sep 2025	235.91	235.99	240.70	233.50	0.472 times
26 Fri Sep 2025	235.22	239.50	243.22	231.05	1.257 times
25 Thu Sep 2025	240.53	242.59	246.90	240.00	0.486 times
24 Wed Sep 2025	242.01	244.60	245.80	241.00	0.534 times
23 Tue Sep 2025	244.78	245.01	246.30	240.12	1.02 times
22 Mon Sep 2025	245.75	250.90	251.58	245.10	0.601 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 238.2, but if it comes above 238.2, then a intra day buy could be more profitable.
If you take a sell trade below 238.2, then use 238.2 as stoploss and 232.1 as target. However if you take a buy trade in stock , then use 238.2 as stoploss and 243.24 as target.

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	246.30
Upside Target	251.58
Upside Target	257.50
Upside Target	257.70
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	233.15
Downside Intraday Target	229.58
Upside Intraday Target	243.29
Upside Intraday Target	249.86
Upside Intraday Target	239.72

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Oct 2025	236.71	245.00	246.30	236.16	0.251 times
03 Fri Oct 2025	244.06	235.99	245.50	232.68	0.506 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

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
06 Mon Oct 2025	236.71	234.35	246.30	232.68	0.071 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Pennar Industries stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

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 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 coming down

CCI has generated a SELL signal for Pennar Industries in short term and SELL 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

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 239.81 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.