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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 2025-06-19 View latest technical analysis

10 day averaged volume of Pennar Industries is 691616

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	218.76	231.05	233.95	217.42	1.231 times
18 Wed Jun 2025	229.96	231.15	235.45	229.19	0.455 times
17 Tue Jun 2025	232.65	237.70	240.90	231.66	0.585 times
16 Mon Jun 2025	236.33	236.85	239.95	228.97	0.958 times
13 Fri Jun 2025	236.85	231.00	241.03	230.10	1.437 times
12 Thu Jun 2025	237.27	243.00	244.90	236.14	0.922 times
11 Wed Jun 2025	242.52	246.93	252.19	241.50	0.708 times
10 Tue Jun 2025	246.67	248.10	254.30	245.16	1.173 times
09 Mon Jun 2025	246.62	246.91	250.43	245.55	0.888 times
06 Fri Jun 2025	246.92	246.90	250.65	243.35	1.193 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 221.1, but if it comes above 221.1, then a intra day buy could be more profitable.
If you take a sell trade below 221.1, then use 221.1 as stoploss and 206.9 as target. However if you take a buy trade in stock , then use 221.1 as stoploss and 232.93 as target.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	135.65
Downside Target	148.81
Downside Target	168.10
Downside Target	178.62
Downside Target	192.53
Downside Target	201.91
Downside Target	217.42
Upside Target	229.60
Upside Target	230.10
Upside Target	240.90
Upside Target	254.30
Upside Target	257.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	210.49
Downside Intraday Target	202.21
Upside Intraday Target	233.97
Upside Intraday Target	249.17
Upside Intraday Target	225.69

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	218.76	236.85	240.90	217.42	0.63 times
13 Fri Jun 2025	236.85	246.91	254.30	230.10	0.201 times
06 Fri Jun 2025	246.92	219.80	257.70	217.71	3.815 times
30 Fri May 2025	212.66	213.90	229.60	205.65	1.041 times
23 Fri May 2025	215.68	193.61	218.45	192.53	1.75 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
19 Thu Jun 2025	218.76	219.80	257.70	217.42	1.709 times
30 Fri May 2025	212.66	181.78	229.60	168.10	1.232 times
30 Wed Apr 2025	183.78	187.80	201.91	148.81	0.883 times
28 Fri Mar 2025	187.80	159.10	194.00	149.70	0.768 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Pennar Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 237.71 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 positive

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