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Pennar Steel (513228) Technical (Analysis) Reports Pennar Steel ["Technical Analysis"] Reports -BSE Stock Exchange MunafaSutra.com

Complete & easy to understand technical analysis of Pennar Steel (513228)

Technical Analysis Report for BSE stock 513228 Pennar Steel. Dated: 15 May 2026 Updated Daily. Stock trades in BSE stock exchange

If you are looking for Tomorrow's Movement Predictions for BSE stock 513228 Pennar Steel then click here. or read Experts views on Pennar Steel or Forecast & share price targets of Pennar Steel

Pennar Steel Opened at 155.35 and Closed at: 151.80, which is -2.21% of previous session's close. It moved within a range of 150.90 and 156.15
The session was a Bearish session with an average volume of 36140, which is -34.31% of previous session's volumes.

  • The stock has fallen, and its short term trend is also negative and in a downtrend.
  • Even though the stock has fallen, but its mid term trend is positive and in an uptrend.
  • The stock has fallen, and its long term trend is also negative and in a downtrend.

A Dead cross was found 5 days back on short term averages

Support for tomorrow is 148.73 and resistance for tomorrow is 153.98
These support and resistance points are valid for the first 5-15 minutes charts

Above are simple pivot point calculations. For a list of much stronger support and resistance levels click here. These are way more stronger support and resistance levels, and mark trend reversals and are Support & Resistance levels recommended by experts.

Support for tomorrow's hourly charts is 149.75, 147.7 resistance for tomorrow's hourly charts is 155, 158.2

10 Day SMA for Pennar Steel (513228) is 164.67 and stock is trading below these levels. This is not a good sign for its short term trend

20 Day SMA for Pennar Steel (513228) is 167.92 and the stock is trading below these levels. This is not a good sign for its mid term trend

50 Day SMA for Pennar Steel (513228) is 155.42 and the stock is trading below these levels. This is not a good sign for its mid to long term trend

100 Day SMA is 166.79 and the stock is trading below these levels. This is not a good sign for its long term trend

200 Day SMA Pennar Steel is 201.72 and stock is trading below these levels. This is not a good sign for its long term trend

20 DMA of Pennar Steel is at 167.92 and 200 DMA is at 201.72, while 50 DMA and 100 DMA are at 155.42 and 166.79 respectively

Pennar Steel (513228) moving average of 20 SMA is at 167.92 and 20 EMA is at 163.63

Date Closing Price 20 SMA 20 EMA
15 Fri May 151.80 167.92 163.63
14 Thu May 155.15 169 164.87
13 Wed May 161.95 169.79 165.89
12 Tue May 161.45 169.84 166.3
11 Mon May 168.45 169.95 166.81
08 Fri May 170.30 169.52 166.64

Pennar Steel (513228) moving average of 50 SMA is at 155.42 and 50 EMA is at 162.82

Date Closing Price 50 SMA 50 EMA
15 Fri May 151.80 155.42 162.82
14 Thu May 155.15 155.39 163.27
13 Wed May 161.95 155.1 163.6
12 Tue May 161.45 154.7 163.67
11 Mon May 168.45 154.43 163.76
08 Fri May 170.30 154.04 163.57

Pennar Steel (513228) moving average of 100 SMA is at 166.79 and 100 EMA is at 171.35

Date Closing Price 100 SMA 100 EMA
15 Fri May 151.80 166.79 171.35
14 Thu May 155.15 167.25 171.74
13 Wed May 161.95 167.71 172.08
12 Tue May 161.45 168.1 172.28
11 Mon May 168.45 168.43 172.5
08 Fri May 170.30 168.69 172.58

Pennar Steel (513228) moving average of 200 SMA is at 201.72 and 200 EMA is at 184.35

Date Closing Price 200 SMA 200 EMA
15 Fri May 151.80 201.72 184.35
14 Thu May 155.15 202.17 184.68
13 Wed May 161.95 202.61 184.98
12 Tue May 161.45 203.03 185.21
11 Mon May 168.45 203.43 185.45
08 Fri May 170.30 203.78 185.62

Pennar Steel Technical analysis of indicators

Price action analysis of Pennar Steel (513228) 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.

ADX buy sell signal for Pennar Steel stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.

Pennar Steel 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 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 Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 164.28 and Pennar Steel 513228 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 Steel 513228 stock. Volume based technical analysis of Pennar Steel 513228 stock is negative.

Pennar Steel 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.

Pennar Steel indicators chart

Tomorrow's Predictions

You should also read Tomorrow's Movement Predictions for BSE stock 513228 Pennar Steel These predictions are based on various factors, are easy to understand, and upto 75% accurate!

And 513228 Experts View which covers a lot of information including buying and selling signals

513228 future forecast & share price targets

You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Pennar Steel or View Candle Stick Charts here

Chart Pennar Steel (513228) Technical (Analysis) Reports Pennar Steel [

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