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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: 19 Dec 2025 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 194.37 and Closed at: 195.51, which is 2.02% of previous session's close. It moved within a range of 191.32 and 195.99
The session was a Bullish session with an average volume of 281634, which is -20.37% 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.
- The stock has shown an up move, and its long term trend is also positive and in an uptrend.
A Dead cross was found 8 days back on long term averages
Support for tomorrow is 193.42 and resistance for tomorrow is 198.09
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 192.56, 189.6 resistance for tomorrow's hourly charts is 197.23, 198.94
10 Day SMA for Pennar Industries (PENIND) is 197.2 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 208.8 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 228.72 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 234.9 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 220.9 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 208.8 and 200 DMA is at 220.9, while 50 DMA and 100 DMA are at 228.72 and 234.9 respectively
Pennar Industries (PENIND) moving average of 20 SMA is at 208.8 and 20 EMA is at 207.18
| Date | Closing Price | 20 SMA | 20 EMA |
| 19 Fri Dec | 195.51 | 208.8 | 207.18 |
| 18 Thu Dec | 191.56 | 210.12 | 208.41 |
| 17 Wed Dec | 195.83 | 211.45 | 210.18 |
| 16 Tue Dec | 197.96 | 212.78 | 211.69 |
| 15 Mon Dec | 201.69 | 214.07 | 213.14 |
| 12 Fri Dec | 200.89 | 215.29 | 214.35 |
Pennar Industries (PENIND) moving average of 50 SMA is at 228.72 and 50 EMA is at 221.34
| Date | Closing Price | 50 SMA | 50 EMA |
| 19 Fri Dec | 195.51 | 228.72 | 221.34 |
| 18 Thu Dec | 191.56 | 229.44 | 222.39 |
| 17 Wed Dec | 195.83 | 230.24 | 223.65 |
| 16 Tue Dec | 197.96 | 231.06 | 224.78 |
| 15 Mon Dec | 201.69 | 231.98 | 225.87 |
| 12 Fri Dec | 200.89 | 232.73 | 226.86 |
Pennar Industries (PENIND) moving average of 100 SMA is at 234.9 and 100 EMA is at 226.52
| Date | Closing Price | 100 SMA | 100 EMA |
| 19 Fri Dec | 195.51 | 234.9 | 226.52 |
| 18 Thu Dec | 191.56 | 235.45 | 227.15 |
| 17 Wed Dec | 195.83 | 236.16 | 227.87 |
| 16 Tue Dec | 197.96 | 236.73 | 228.52 |
| 15 Mon Dec | 201.69 | 237.26 | 229.14 |
| 12 Fri Dec | 200.89 | 237.67 | 229.69 |
Pennar Industries (PENIND) moving average of 200 SMA is at 220.9 and 200 EMA is at 220.49
| Date | Closing Price | 200 SMA | 200 EMA |
| 19 Fri Dec | 195.51 | 220.9 | 220.49 |
| 18 Thu Dec | 191.56 | 220.74 | 220.74 |
| 17 Wed Dec | 195.83 | 220.64 | 221.03 |
| 16 Tue Dec | 197.96 | 220.5 | 221.28 |
| 15 Mon Dec | 201.69 | 220.38 | 221.52 |
| 12 Fri Dec | 200.89 | 220.22 | 221.72 |
Jsw Steel has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jsw Steel, about 7.43% 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 7.01% more returns!
Vedanta has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Vedanta, about 27.28% more returns!
Pennar Industries has performed better than Gallantt Metal in short term. Holding Pennar Industries could be a better choice for now!
Godawari Power has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Godawari Power, about 8.38% more returns!
Indian Metals has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Indian Metals, about 24.63% more returns!
Jai Balaji has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jai Balaji, about 1.82% more returns!
Jai Corp has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Jai Corp, about 0.63% 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 18.48% 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 16.14% 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 8.98% 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 5.15% 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 17.79% more returns!
Pennar Industries has performed better than Shah Alloys in short term. Holding Pennar Industries could be a better choice for now!
Sunflag Iron has performed better than Pennar Industries in short term. You could have earned much better returns by investing in Sunflag Iron, about 15.19% 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 15.24% 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 losing momentum.
MACD generated a SELL signal for Pennar Industries in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Pennar Industries 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 red color and prices are below 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 SELL signal in short term and selling is picking up 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 198.07 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
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