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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 2025-11-17 View latest technical analysis

10 day averaged volume of Pennar Industries is 2359891

Date	Daily Closing Price	Open	High	Low	Volume
17 Mon Nov 2025	226.25	225.20	231.45	221.80	0.503 times
14 Fri Nov 2025	224.70	229.85	230.05	223.50	0.331 times
13 Thu Nov 2025	228.70	228.30	235.80	227.15	0.859 times
12 Wed Nov 2025	227.20	232.60	232.90	224.90	0.72 times
11 Tue Nov 2025	230.80	235.00	237.85	228.70	0.748 times
10 Mon Nov 2025	231.85	249.30	254.00	223.70	4.228 times
07 Fri Nov 2025	275.95	259.95	279.90	259.00	1.327 times
06 Thu Nov 2025	258.20	274.00	274.25	256.30	0.601 times
04 Tue Nov 2025	274.55	271.00	275.25	265.00	0.41 times
03 Mon Nov 2025	270.90	260.00	272.90	260.00	0.583 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 230.9, but if it comes above 230.9, then a intra day buy could be more profitable.
If you take a sell trade below 230.9, then use 230.9 as stoploss and 210.4 as target. However if you take a buy trade in stock , then use 230.9 as stoploss and 247.88 as target.

Share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Target	211.27
Downside Target	221.80
Upside Target	228.80
Upside Target	252.25
Upside Target	256.89
Upside Target	264.50
Upside Target	265.00
Upside Target	265.20
Upside Target	269.20
Upside Target	279.90

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	221.55
Downside Intraday Target	216.85
Upside Intraday Target	231.2
Upside Intraday Target	236.15
Upside Intraday Target	226.5

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Mon Nov 2025	226.25	225.20	231.45	221.80	0.073 times
14 Fri Nov 2025	224.70	249.30	254.00	223.50	2.357 times
07 Fri Nov 2025	275.95	260.00	279.90	256.30	2.328 times
31 Fri Oct 2025	261.38	258.85	265.00	252.25	0.906 times
24 Fri Oct 2025	255.70	232.00	256.89	229.55	1.784 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
17 Mon Nov 2025	226.25	260.00	279.90	221.80	2.222 times
31 Fri Oct 2025	261.38	234.35	265.00	228.80	0.726 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

Scroll below to view daily charts

Price has moved down 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term and selling is picking up 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 241.81 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.