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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 2025-10-28 View latest technical analysis

10 day averaged volume of Pennar Industries is 572932

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Oct 2025	253.92	257.50	257.90	252.44	0.953 times
27 Mon Oct 2025	257.80	258.85	261.01	256.01	1.1 times
24 Fri Oct 2025	255.70	252.63	256.89	250.44	1.918 times
23 Thu Oct 2025	251.28	243.00	252.90	240.00	2.879 times
21 Tue Oct 2025	240.72	232.50	243.65	232.50	0.559 times
20 Mon Oct 2025	232.47	232.00	233.07	229.55	0.348 times
17 Fri Oct 2025	231.90	233.60	234.33	228.80	0.646 times
16 Thu Oct 2025	233.50	236.22	238.00	232.90	0.331 times
15 Wed Oct 2025	235.69	234.20	239.99	233.44	0.512 times
14 Tue Oct 2025	235.96	236.55	237.60	230.31	1.122 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 247.9, but if it comes below 247.9, then a intra day sell could be more profitable.
If you take a sell trade below 247.9, then use 247.9 as stoploss and 239.67 as target. However if you take a buy trade in stock , then use 247.9 as stoploss and 257.9 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	228.80
Downside Target	241.39
Downside Target	252.44
Upside Target	256.89
Upside Target	257.70
Upside Target	261.01
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	250.57
Downside Intraday Target	247.22
Upside Intraday Target	259.14
Upside Intraday Target	264.36
Upside Intraday Target	255.79

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Oct 2025	253.92	258.85	261.01	252.44	0.36 times
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

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
28 Tue Oct 2025	253.92	234.35	261.01	228.80	0.608 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 247.63 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.