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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 2025-10-10 View latest technical analysis

10 day averaged volume of Pennar Industries is 394115

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Oct 2025	241.71	234.00	244.60	232.25	2.187 times
09 Thu Oct 2025	232.75	231.99	234.00	229.01	0.732 times
08 Wed Oct 2025	231.83	232.00	236.00	230.56	0.636 times
07 Tue Oct 2025	231.24	237.00	239.76	230.43	1.053 times
06 Mon Oct 2025	236.71	245.00	246.30	236.16	0.891 times
03 Fri Oct 2025	244.06	239.00	245.50	238.83	0.815 times
01 Wed Oct 2025	239.33	234.35	239.90	232.68	1.012 times
30 Tue Sep 2025	234.35	235.91	239.98	232.90	0.875 times
29 Mon Sep 2025	235.91	235.99	240.70	233.50	0.849 times
26 Fri Sep 2025	235.22	239.50	243.22	231.05	2.262 times

Stock of Pennar Industries (PENIND) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 246 or till 252.6. Use a stoploss of 240.52 and if this stock hits its stoploss, then it can fall down till 235.04

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	211.27
Downside Target	217.42
Downside Target	222.12
Downside Target	229.01
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	231.71
Downside Intraday Target	221.72
Upside Intraday Target	249
Upside Intraday Target	256.3
Downside Intraday Target	239.01

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Oct 2025	241.71	245.00	246.30	229.01	1.549 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, 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
10 Fri Oct 2025	241.71	234.35	246.30	229.01	0.192 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 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 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 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.

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. 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 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

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 236.86 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 negative.

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