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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: 13 Mar 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 143.95 and Closed at: 145.40, which is 0.76% of previous session's close. It moved within a range of 138.00 and 147.15
The session was a Bullish session with an average volume of 75151, which is 69.46% of previous session's volumes.

• Even though the stock has shown an up move, but the short term trend of the stock remains negative and in a downtrend.
• Even though the stock has shown an up move, but the mid term trend of the stock remains negative and in a downtrend.
• Even though the stock has shown an up move, but the long term trend of the stock remains negative and in a downtrend.

Support for tomorrow is 141.7 and resistance for tomorrow is 150.85
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 139.88, 134.37 resistance for tomorrow's hourly charts is 149.03, 152.67

10 Day SMA for Pennar Steel (513228) is 143.82 and stock is trading above these levels. This is a good sign for its short term trend

20 Day SMA for Pennar Steel (513228) is 148.82 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 167.25 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 195.26 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 216.68 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 148.82 and 200 DMA is at 216.68, while 50 DMA and 100 DMA are at 167.25 and 195.26 respectively

Pennar Steel (513228) moving average of 20 SMA is at 148.82 and 20 EMA is at 150.2

Pennar Steel (513228) moving average of 50 SMA is at 167.25 and 50 EMA is at 166.22

Pennar Steel (513228) moving average of 100 SMA is at 195.26 and 100 EMA is at 184.77

Pennar Steel (513228) moving average of 200 SMA is at 216.68 and 200 EMA is at 197.83

Pennar Steel Technical analysis of indicators

Price action analysis of Pennar Steel (513228) based on a short 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.

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 BUY signal for Pennar Steel in short term but the buy signal is initial and weak.

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

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

CCI has generated a SELL signal for Pennar Steel in short term but SELL signal is weak.

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 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 144.26 and Pennar Steel 513228 stock is trading above this level. This is a good sign for the stock and it could move higher. 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 negative.

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

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

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