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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 2025-10-24 View latest technical analysis

10 day averaged volume of Pennar Industries is 515088

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	255.70	252.63	256.89	250.44	2.133 times
23 Thu Oct 2025	251.28	243.00	252.90	240.00	3.202 times
21 Tue Oct 2025	240.72	232.50	243.65	232.50	0.621 times
20 Mon Oct 2025	232.47	232.00	233.07	229.55	0.387 times
17 Fri Oct 2025	231.90	233.60	234.33	228.80	0.718 times
16 Thu Oct 2025	233.50	236.22	238.00	232.90	0.368 times
15 Wed Oct 2025	235.69	234.20	239.99	233.44	0.569 times
14 Tue Oct 2025	235.96	236.55	237.60	230.31	1.248 times
13 Mon Oct 2025	236.55	241.39	241.39	234.00	0.652 times
10 Fri Oct 2025	241.71	234.00	244.60	232.25	1.674 times

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

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 251.7, for a target of 244.2 or 237.87

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	211.27
Downside Target	217.42
Downside Target	222.12
Downside Target	228.80
Downside Target	241.39
Downside Target	251.58
Upside Target	256.89
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	237.87
Downside Intraday Target	220.04
Upside Intraday Target	265.21
Upside Intraday Target	274.72
Downside Intraday Target	247.38

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	255.70	232.00	256.89	229.55	1.784 times
17 Fri Oct 2025	231.90	241.39	241.39	228.80	0.845 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

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
24 Fri Oct 2025	255.70	234.35	256.89	228.80	0.53 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 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 244.5 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.