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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 2025-10-13 View latest technical analysis

10 day averaged volume of Pennar Industries is 445871

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Oct 2025	236.55	241.39	241.39	234.00	0.753 times
10 Fri Oct 2025	241.71	234.00	244.60	232.25	1.934 times
09 Thu Oct 2025	232.75	231.99	234.00	229.01	0.647 times
08 Wed Oct 2025	231.83	232.00	236.00	230.56	0.562 times
07 Tue Oct 2025	231.24	237.00	239.76	230.43	0.931 times
06 Mon Oct 2025	236.71	245.00	246.30	236.16	0.788 times
03 Fri Oct 2025	244.06	239.00	245.50	238.83	0.72 times
01 Wed Oct 2025	239.33	234.35	239.90	232.68	0.894 times
30 Tue Sep 2025	234.35	235.91	239.98	232.90	0.773 times
29 Mon Sep 2025	235.91	235.99	240.70	233.50	0.751 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 234.7 as stoploss in an intra day buy trade for a target of 240.19. However, stock will show a bearish move below 234.7.

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	257.70
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	233.24
Downside Intraday Target	229.92
Upside Intraday Target	240.63
Upside Intraday Target	244.7
Upside Intraday Target	237.31

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Oct 2025	236.55	241.39	241.39	234.00	0.155 times
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

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
13 Mon Oct 2025	236.55	234.35	246.30	229.01	0.214 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 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 gaining 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing 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 237.21 and Pennar Industries (PENIND) stock is trading below this level. This means that stock is falling with high volumes. 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.