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Pennar Industries (PENIND) Technical (Analysis) Reports Pennar Industries ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Complete & easy to understand technical analysis of Pennar Industries (PENIND)
Technical Analysis Report for NSE stock PENIND Pennar Industries. Dated: 24 Jul 2026 Updated Daily. Stock trades under Iron & Steel in NSE stock exchange
If you are looking for Tomorrow's Movement Predictions for NSE stock PENIND Pennar Industries then click here. or read Experts views on Pennar Industries or Forecast & share price targets of Pennar Industries
Pennar Industries Opened at 163.08 and Closed at: 162.84, which is -0.14% of previous session's close. It moved within a range of 160.00 and 164.32
The session was a Bearish session with an average volume of 169251, which is 19.45% of previous session's volumes.
- Even though the stock has fallen, but its short 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 1 days back on short term averages
Support for tomorrow is 159.26 and resistance for tomorrow is 163.58
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 160.45, 158.07 resistance for tomorrow's hourly charts is 164.77, 166.71
10 Day SMA for Pennar Industries (PENIND) is 168.07 and stock is trading below these levels. This is not a good sign for its short term trend
20 Day SMA for Pennar Industries (PENIND) is 168.72 and the stock is trading below these levels. This is not a good sign for its mid term trend
50 Day SMA for Pennar Industries (PENIND) is 161.74 and the stock is trading above these levels. This is a good sign for its mid to long term trend
100 Day SMA is 158.42 and the stock is trading above these levels. This is a good sign for its long term trend
200 Day SMA Pennar Industries is 182.45 and stock is trading below these levels. This is not a good sign for its long term trend
20 DMA of Pennar Industries is at 168.72 and 200 DMA is at 182.45, while 50 DMA and 100 DMA are at 161.74 and 158.42 respectively
Pennar Industries (PENIND) moving average of 20 SMA is at 168.72 and 20 EMA is at 166.72
| Date | Closing Price | 20 SMA | 20 EMA |
| 24 Fri Jul | 162.84 | 168.72 | 166.72 |
| 23 Thu Jul | 163.06 | 168.69 | 167.13 |
| 22 Wed Jul | 164.83 | 168.62 | 167.56 |
| 21 Tue Jul | 167.93 | 168.46 | 167.85 |
| 20 Mon Jul | 169.16 | 168.32 | 167.84 |
| 17 Fri Jul | 167.50 | 167.91 | 167.7 |
Pennar Industries (PENIND) moving average of 50 SMA is at 161.74 and 50 EMA is at 164.5
| Date | Closing Price | 50 SMA | 50 EMA |
| 24 Fri Jul | 162.84 | 161.74 | 164.5 |
| 23 Thu Jul | 163.06 | 161.72 | 164.57 |
| 22 Wed Jul | 164.83 | 161.68 | 164.63 |
| 21 Tue Jul | 167.93 | 161.74 | 164.62 |
| 20 Mon Jul | 169.16 | 161.78 | 164.49 |
| 17 Fri Jul | 167.50 | 161.82 | 164.3 |
Pennar Industries (PENIND) moving average of 100 SMA is at 158.42 and 100 EMA is at 166.52
| Date | Closing Price | 100 SMA | 100 EMA |
| 24 Fri Jul | 162.84 | 158.42 | 166.52 |
| 23 Thu Jul | 163.06 | 158.21 | 166.59 |
| 22 Wed Jul | 164.83 | 158.06 | 166.66 |
| 21 Tue Jul | 167.93 | 157.9 | 166.7 |
| 20 Mon Jul | 169.16 | 157.73 | 166.68 |
| 17 Fri Jul | 167.50 | 157.62 | 166.63 |
Pennar Industries (PENIND) moving average of 200 SMA is at 182.45 and 200 EMA is at 175.3
| Date | Closing Price | 200 SMA | 200 EMA |
| 24 Fri Jul | 162.84 | 182.45 | 175.3 |
| 23 Thu Jul | 163.06 | 182.81 | 175.43 |
| 22 Wed Jul | 164.83 | 183.17 | 175.55 |
| 21 Tue Jul | 167.93 | 183.53 | 175.66 |
| 20 Mon Jul | 169.16 | 183.89 | 175.74 |
| 17 Fri Jul | 167.50 | 184.25 | 175.81 |
Jsw Steel has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jsw Steel, about 2.99% more returns!
Pennar Industries has performed better than Tata Steel in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Jindal Steel in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Vedanta in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Gallantt Metal in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Godawari Power in short term. Holding Pennar Industries could be a better choice for now!
Indian Metals has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Indian Metals, about 4.1% more returns!
Pennar Industries has performed better than Jai Corp in short term. Holding Pennar Industries could be a better choice for now!
Jayaswal Neco has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jayaswal Neco, about 3.36% more returns!
Jindal Stainless has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jindal Stainless, about 4.95% more returns!
Mukand has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Mukand, about 7.75% more returns!
Pennar Industries has performed better than Steel Authority in short term. Holding Pennar Industries could be a better choice for now!
Sarda Energy has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Sarda Energy, about 1.55% more returns!
Pennar Industries has performed better than Shah Alloys in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Vaswani Industries in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries Technical analysis of indicators
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.
ADX buy sell signal for Pennar Industries stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Pennar Industries in short term but the sell signal is initial and weak.
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 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 Industries 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 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 171.18 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 positive
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 NSE stock PENIND Pennar Industries These predictions are based on various factors, are easy to understand, and upto 75% accurate!
And PENIND Experts View which covers a lot of information including buying and selling signals
PENIND future forecast & share price targets
You can also take a look at the Charts and indicator analysis here Announcements & NEWS by Pennar Industries or View Candle Stick Charts here
Quick Charts: Renko Point & Figure Just IntraDay All Indicators Weekly Monthly All in One Eagle View MACD & ADX
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