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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: 22 Oct 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 162.00 and Closed at: 155.35, which is -4.16% of previous session's close. It moved within a range of 154.61 and 165.47
The session was a Bearish session with an average volume of 486528, which is 2.31% of previous session's volumes.

• The stock has fallen, and its short term trend is also negative and in a downtrend.
• There is some negative change in the mid term trend, but its too soon to jump onto conclusions.
• The stock has fallen, and its long term trend is also negative and in a downtrend.

A Dead cross was found 6 days back on short term averages

Support for tomorrow is 149.55 and resistance for tomorrow is 160.41
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 151.48, 147.62 resistance for tomorrow's hourly charts is 162.34, 169.34

10 Day SMA for Pennar Industries (PENIND) is 169.04 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 174.74 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 168.99 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 166.49 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 164.71 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 174.74 and 200 DMA is at 164.71, while 50 DMA and 100 DMA are at 168.99 and 166.49 respectively

Pennar Industries (PENIND) moving average of 20 SMA is at 174.74 and 20 EMA is at 170.8

Pennar Industries (PENIND) moving average of 50 SMA is at 168.99 and 50 EMA is at 170.2

Pennar Industries (PENIND) moving average of 100 SMA is at 166.49 and 100 EMA is at 168.75

Pennar Industries (PENIND) moving average of 200 SMA is at 164.71 and 200 EMA is at 173.47

Jsw Steel has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jsw Steel, about 9.26% more returns!

Tata Steel has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Tata Steel, about 5.56% more returns!

Jindal Steel has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jindal Steel, about 3.48% more returns!

Vedanta has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Vedanta, about 1.91% more returns!

Gallantt Metal has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Gallantt Metal, about 14.22% more returns!

Godawari Power has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Godawari Power, about 0.28% more returns!

Jayaswal Neco has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jayaswal Neco, about 14.9% more returns!

Kalyani Steels has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Kalyani Steels, about 1.96% more returns!

Prakash Industries has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Prakash Industries, about 14.11% more returns!

Steel Authority has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Steel Authority, about 6.79% more returns!

S A has performed better than Pennar Industries in short term. You could have earned much better returns by investing in S A, about 12.96% more returns!

Sarda Energy has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Sarda Energy, about 5.43% more returns!

Vaswani Industries has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Vaswani Industries, about 4.19% more returns!

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 Strong and stock is gaining momentum.

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

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 red color and prices are below the red 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 and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Pennar Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 168.03 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

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