(PennarSteel) Pennar Steel complete technical analysis [charts+indicators] | Buy/Sell Pennar Steel | (PennarSteel) share price targets
Complete technical analysis of Pennar Steel (PennarSteel) by charts plus indicators, forecast predictions and share price targets for Pennar Steel (PennarSteel)
Showing technical analysis as on 2025-10-06 View latest technical analysis
10 day averaged volume of Pennar Steel is 47838
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Oct 2025 | 236.70 | 242.60 | 245.95 | 236.10 | 0.831 times |
| 03 Fri Oct 2025 | 245.00 | 248.40 | 248.40 | 239.05 | 0.476 times |
| 01 Wed Oct 2025 | 239.05 | 234.85 | 239.65 | 232.55 | 0.491 times |
| 30 Tue Sep 2025 | 235.10 | 233.00 | 239.95 | 233.00 | 0.251 times |
| 29 Mon Sep 2025 | 235.55 | 235.60 | 239.00 | 230.75 | 1.907 times |
| 26 Fri Sep 2025 | 235.50 | 240.25 | 243.35 | 231.50 | 1.761 times |
| 25 Thu Sep 2025 | 241.10 | 242.00 | 246.75 | 239.70 | 0.334 times |
| 24 Wed Sep 2025 | 241.40 | 241.05 | 245.55 | 240.70 | 1.024 times |
| 23 Tue Sep 2025 | 244.90 | 245.05 | 246.60 | 240.20 | 0.924 times |
| 22 Mon Sep 2025 | 245.70 | 250.60 | 251.85 | 245.00 | 1.113 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 238.3, but if it comes above 238.3, then a intra day buy could be more profitable.
If you take a sell trade below 238.3, then use 238.3 as stoploss and 232.4 as target. However if you take a buy trade in stock , then use 238.3 as stoploss and 243.22 as target.
Share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Target | 201.95 |
| Downside Target | 211.55 |
| Downside Target | 230.75 |
| Upside Target | 248.40 |
| Upside Target | 251.85 |
| Upside Target | 257.40 |
| Upside Target | 264.20 |
| Upside Target | 265.00 |
| Upside Target | 269.25 |
Intraday share price targets for Pennar Steel (PennarSteel)
| Target Type | Value |
| Downside Intraday Target | 233.22 |
| Downside Intraday Target | 229.73 |
| Upside Intraday Target | 243.07 |
| Upside Intraday Target | 249.43 |
| Upside Intraday Target | 239.58 |
Weekly technical analysis of Pennar Steel (PennarSteel)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Oct 2025 | 236.70 | 242.60 | 245.95 | 236.10 | 0.266 times |
| 03 Fri Oct 2025 | 245.00 | 235.60 | 248.40 | 230.75 | 0.606 times |
| 26 Fri Sep 2025 | 235.50 | 250.60 | 251.85 | 231.50 | 0.958 times |
| 19 Fri Sep 2025 | 250.60 | 240.20 | 264.20 | 237.25 | 1.432 times |
| 12 Fri Sep 2025 | 242.90 | 247.15 | 257.40 | 241.30 | 0.762 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Pennar Steel (PennarSteel)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon Oct 2025 | 236.70 | 234.85 | 248.40 | 232.55 | 0.084 times |
| 30 Tue Sep 2025 | 235.10 | 238.10 | 264.20 | 230.75 | 0.418 times |
| 29 Fri Aug 2025 | 239.05 | 244.00 | 269.25 | 211.55 | 1.772 times |
| 31 Thu Jul 2025 | 239.70 | 246.85 | 265.00 | 201.95 | 0.728 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Pennar Steel (PennarSteel)
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a mid to longer 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 239.36 and Pennar Steel (PennarSteel) 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 Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) 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.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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.
Price action analysis of Pennar Steel ( (PennarSteel) ) based on a mid to longer 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Pennar Steel in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
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 Steel in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Pennar Steel is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 239.36 and Pennar Steel (PennarSteel) 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 Steel (PennarSteel) stock. Volume based technical analysis of Pennar Steel (PennarSteel) 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.
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