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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 2025-10-20 View latest technical analysis

10 day averaged volume of Pennar Industries is 399911

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Oct 2025	232.47	232.00	233.07	229.55	0.499 times
17 Fri Oct 2025	231.90	233.60	234.33	228.80	0.925 times
16 Thu Oct 2025	233.50	236.22	238.00	232.90	0.474 times
15 Wed Oct 2025	235.69	234.20	239.99	233.44	0.733 times
14 Tue Oct 2025	235.96	236.55	237.60	230.31	1.608 times
13 Mon Oct 2025	236.55	241.39	241.39	234.00	0.839 times
10 Fri Oct 2025	241.71	234.00	244.60	232.25	2.156 times
09 Thu Oct 2025	232.75	231.99	234.00	229.01	0.722 times
08 Wed Oct 2025	231.83	232.00	236.00	230.56	0.627 times
07 Tue Oct 2025	231.24	237.00	239.76	230.43	1.038 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 232.6, but if it comes above 232.6, then a intra day buy could be more profitable.
If you take a sell trade below 232.6, then use 232.6 as stoploss and 227.2 as target. However if you take a buy trade in stock , then use 232.6 as stoploss and 237.11 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
Upside Target	241.39
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	230.32
Downside Intraday Target	228.18
Upside Intraday Target	233.84
Upside Intraday Target	235.22
Downside Intraday Target	231.7

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Oct 2025	232.47	232.00	233.07	229.55	0.109 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, 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
20 Mon Oct 2025	232.47	234.35	246.30	228.80	0.326 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 down 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 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Pennar Industries stock for short term is SELL. 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.

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 red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Pennar Industries in short term but BUY 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

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 235.57 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 negative.

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