Munafa Stock Market Course + Intraday & FNO calls 
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 Mar 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 137.90 and Closed at: 142.51, which is 5.87% of previous session's close. It moved within a range of 136.01 and 144.50
The session was a Bullish session with an average volume of 1126837, which is 14.19% 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 139.26 and resistance for tomorrow is 147.75
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 137.51, 132.52 resistance for tomorrow's hourly charts is 146, 149.5
10 Day SMA for Pennar Industries (PENIND) is 142.07 and stock is trading above these levels. This is a good sign for its short term trend
20 Day SMA for Pennar Industries (PENIND) is 142.8 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 159.11 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 187.78 and the stock is trading below these levels. This is not a good sign for its long term trend
200 Day SMA Pennar Industries is 213.65 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 142.8 and 200 DMA is at 213.65, while 50 DMA and 100 DMA are at 159.11 and 187.78 respectively
Pennar Industries (PENIND) moving average of 20 SMA is at 142.8 and 20 EMA is at 145.36
| Date | Closing Price | 20 SMA | 20 EMA |
| 24 Tue Mar | 142.51 | 142.8 | 145.36 |
| 23 Mon Mar | 134.14 | 143.07 | 145.66 |
| 20 Fri Mar | 142.87 | 143.83 | 146.87 |
| 19 Thu Mar | 139.53 | 144.2 | 147.29 |
| 18 Wed Mar | 143.61 | 145.15 | 148.11 |
| 17 Tue Mar | 141.56 | 145.96 | 148.58 |
Pennar Industries (PENIND) moving average of 50 SMA is at 159.11 and 50 EMA is at 159.97
| Date | Closing Price | 50 SMA | 50 EMA |
| 24 Tue Mar | 142.51 | 159.11 | 159.97 |
| 23 Mon Mar | 134.14 | 160.14 | 160.68 |
| 20 Fri Mar | 142.87 | 161.35 | 161.76 |
| 19 Thu Mar | 139.53 | 162.46 | 162.53 |
| 18 Wed Mar | 143.61 | 163.65 | 163.47 |
| 17 Tue Mar | 141.56 | 164.75 | 164.28 |
Pennar Industries (PENIND) moving average of 100 SMA is at 187.78 and 100 EMA is at 179.07
| Date | Closing Price | 100 SMA | 100 EMA |
| 24 Tue Mar | 142.51 | 187.78 | 179.07 |
| 23 Mon Mar | 134.14 | 188.97 | 179.81 |
| 20 Fri Mar | 142.87 | 190.17 | 180.73 |
| 19 Thu Mar | 139.53 | 191.32 | 181.49 |
| 18 Wed Mar | 143.61 | 192.48 | 182.34 |
| 17 Tue Mar | 141.56 | 193.55 | 183.12 |
Pennar Industries (PENIND) moving average of 200 SMA is at 213.65 and 200 EMA is at 193.81
| Date | Closing Price | 200 SMA | 200 EMA |
| 24 Tue Mar | 142.51 | 213.65 | 193.81 |
| 23 Mon Mar | 134.14 | 214.17 | 194.33 |
| 20 Fri Mar | 142.87 | 214.74 | 194.94 |
| 19 Thu Mar | 139.53 | 215.21 | 195.47 |
| 18 Wed Mar | 143.61 | 215.72 | 196.04 |
| 17 Tue Mar | 141.56 | 216.07 | 196.57 |
Pennar Industries has performed better than Vaswani Industries in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Jsw Steel in short term. Holding Pennar Industries could be a better choice for now!
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 Godawari Power in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Indian Metals in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Jai Balaji in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Jai Corp in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Jayaswal Neco in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Jindal Stainless in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Kamdhenu in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Kalyani Steels in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Prakash Industries in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Steel Authority in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Sarda Energy in short term. Holding Pennar Industries could be a better choice for now!
Pennar Industries has performed better than Sunflag Iron 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 neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Pennar Industries stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Pennar Industries 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 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 142.51 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.
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
Videos related to: Pennar Industries (PENIND) Technical (Analysis) Reports Pennar Industries ["Technical Analysis"] Reports -NSE Stock Exchange MunafaSutra.com
Hindi Basics How To Trade In FnO Futures Options Stock Market
Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You
- NSE Screeners
- NSE Daily Screener
- NSE Weekly Screener
- NSE Monthly Screener
- Support & Resistance
- NSE Shares Near Support
- NSE Shares Near Resistance
