Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Pennar Industries is 618969

Date	Daily Closing Price	Open	High	Low	Volume
30 Mon Jun 2025	240.65	232.70	242.00	232.58	2.255 times
27 Fri Jun 2025	230.88	234.80	236.00	230.24	0.802 times
26 Thu Jun 2025	232.97	234.89	243.50	232.10	1.462 times
25 Wed Jun 2025	233.21	235.90	238.55	231.15	1.062 times
24 Tue Jun 2025	234.13	227.56	236.24	222.28	1.628 times
23 Mon Jun 2025	222.56	220.90	224.50	218.85	0.599 times
20 Fri Jun 2025	220.67	219.25	224.30	218.61	0.838 times
19 Thu Jun 2025	218.76	231.05	233.95	217.42	1.375 times
18 Wed Jun 2025	229.96	231.15	235.45	229.19	0.508 times
17 Tue Jun 2025	232.65	237.70	240.90	231.66	0.654 times

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

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 244.6 as stoploss in an intra day sell trade for a target of 236.05. However, stock will show a bullish move above 244.6.

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	194.00
Downside Target	201.91
Downside Target	217.42
Downside Target	229.60
Upside Target	240.90
Upside Target	242.00
Upside Target	243.50
Upside Target	254.30
Upside Target	257.70

Intraday share price targets for Pennar Industries (PENIND)

Target Type	Value
Downside Intraday Target	234.82
Downside Intraday Target	228.99
Upside Intraday Target	244.24
Upside Intraday Target	247.83
Downside Intraday Target	238.41

Weekly technical analysis of Pennar Industries (PENIND)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Mon Jun 2025	240.65	232.70	242.00	232.58	0.406 times
27 Fri Jun 2025	230.88	220.90	243.50	218.85	1.249 times
20 Fri Jun 2025	220.67	236.85	240.90	217.42	0.776 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

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
30 Mon Jun 2025	240.65	219.80	257.70	217.42	2.101 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 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 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 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 SELL signal for Pennar Industries in short term but the sell signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Pennar Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 231.18 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.