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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 39403

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Jul 2025	241.80	247.35	248.55	240.55	0.768 times
17 Thu Jul 2025	247.30	241.65	248.80	241.60	1.121 times
16 Wed Jul 2025	241.60	239.05	244.00	239.05	0.843 times
15 Tue Jul 2025	237.95	227.55	242.90	227.55	1.203 times
14 Mon Jul 2025	228.05	228.55	229.40	225.50	0.147 times
11 Fri Jul 2025	228.90	226.75	232.05	226.75	0.49 times
10 Thu Jul 2025	228.50	223.55	229.55	223.55	1.158 times
09 Wed Jul 2025	223.50	226.50	229.40	222.30	3.815 times
08 Tue Jul 2025	225.35	224.20	226.50	222.40	0.261 times
07 Mon Jul 2025	223.05	224.90	229.15	222.90	0.418 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 238.7, but if it comes below 238.7, then a intra day sell could be more profitable.
If you take a sell trade below 238.7, then use 238.7 as stoploss and 231.9 as target. However if you take a buy trade in stock , then use 238.7 as stoploss and 246.8 as target.

Share price targets for Pennar Steel (PennarSteel)

Target Type	Value
Downside Target	149.95
Downside Target	159.30
Downside Target	170.30
Downside Target	194.50
Downside Target	202.20
Downside Target	213.25
Downside Target	230.05
Downside Target	240.55
Upside Target	243.20
Upside Target	246.85
Upside Target	248.80
Upside Target	257.40

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type	Value
Downside Intraday Target	228.6
Downside Intraday Target	215.4
Upside Intraday Target	251.9
Upside Intraday Target	262
Downside Intraday Target	238.7

Weekly technical analysis of Pennar Steel (PennarSteel)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Jul 2025	241.80	228.55	248.80	225.50	0.665 times
11 Fri Jul 2025	228.90	224.90	232.05	222.30	1.11 times
04 Fri Jul 2025	224.95	238.50	246.85	220.05	0.673 times
27 Fri Jun 2025	231.05	225.05	243.20	219.55	1.521 times
19 Thu Jun 2025	218.70	238.60	240.55	217.40	0.478 times

Price has moved up 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
18 Fri Jul 2025	241.80	246.85	248.80	220.05	0.271 times
30 Mon Jun 2025	240.40	213.25	257.40	213.25	2.078 times
30 Fri May 2025	212.40	180.05	230.05	159.30	1.331 times
30 Wed Apr 2025	183.20	188.00	202.20	170.30	0.837 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but buying is losing 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 Steel is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 231.6 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.