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(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)

10 day averaged volume of Pennar Steel is 54500

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	182.65	191.00	191.25	181.40	0.584 times
24 Mon Mar 2025	185.60	190.95	191.75	185.15	0.315 times
21 Fri Mar 2025	188.05	183.70	189.90	182.70	0.707 times
20 Thu Mar 2025	183.15	183.35	185.60	178.35	0.396 times
19 Wed Mar 2025	183.30	188.00	191.80	182.75	0.999 times
18 Tue Mar 2025	185.25	179.00	187.00	176.30	2.32 times
17 Mon Mar 2025	176.45	173.95	180.80	171.45	2.241 times
13 Thu Mar 2025	168.50	172.15	175.25	167.90	0.995 times
12 Wed Mar 2025	169.40	171.20	172.05	166.50	0.773 times
11 Tue Mar 2025	167.95	172.90	172.90	165.00	0.401 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 182, but if it comes below 182, then a intra day sell could be more profitable.
If you take a sell trade below 182, then use 182 as stoploss and 172.54 as target. However if you take a buy trade in stock , then use 182 as stoploss and 193.4 as target.

Share price targets for Pennar Steel (PennarSteel)

Target Type	Value
Downside Target	136.60
Downside Target	148.10
Downside Target	155.90
Downside Target	165.00
Downside Target	177.15
Upside Target	187.45
Upside Target	191.75
Upside Target	191.80
Upside Target	204.20
Upside Target	214.00
Upside Target	227.70

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type	Value
Downside Intraday Target	178.78
Downside Intraday Target	174.92
Upside Intraday Target	189.13
Upside Intraday Target	195.62
Upside Intraday Target	185.27

Weekly technical analysis of Pennar Steel (PennarSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	182.65	190.95	191.75	181.40	0.135 times
21 Fri Mar 2025	188.05	173.95	191.80	171.45	2.204 times
13 Thu Mar 2025	168.50	172.05	177.15	165.00	0.861 times
07 Fri Mar 2025	174.25	154.05	177.30	149.95	1.219 times
28 Fri Feb 2025	156.50	170.05	178.75	155.90	0.363 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
25 Tue Mar 2025	182.65	154.05	191.80	149.95	0.758 times
28 Fri Feb 2025	156.50	159.00	178.75	136.60	0.839 times
31 Fri Jan 2025	164.95	196.65	204.20	148.10	0.663 times
31 Tue Dec 2024	193.55	209.95	227.70	187.45	0.903 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a mid to longer 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 Steel stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Pennar Steel in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Pennar Steel Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Pennar Steel in short term but SELL 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

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 179.31 and Pennar Steel (PennarSteel) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.