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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 70929

Date Daily Closing Price Open High Low Volume
11 Mon Aug 2025 220.75 229.75 229.75 218.80 0.574 times
08 Fri Aug 2025 221.50 225.40 228.50 220.50 0.246 times
07 Thu Aug 2025 225.35 222.00 227.30 219.60 0.96 times
06 Wed Aug 2025 220.50 232.40 234.35 219.85 2.389 times
05 Tue Aug 2025 233.25 229.00 237.30 229.00 0.357 times
04 Mon Aug 2025 232.30 233.10 235.10 228.00 0.306 times
01 Fri Aug 2025 231.95 244.00 244.00 231.00 0.385 times
31 Thu Jul 2025 239.70 232.45 245.90 231.20 0.607 times
30 Wed Jul 2025 234.25 250.55 259.00 230.60 3.035 times
29 Tue Jul 2025 253.50 237.35 254.40 237.35 0.945 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 227.7, but if it comes above 227.7, then a intra day buy could be more profitable.
If you take a sell trade below 227.7, then use 227.7 as stoploss and 213.9 as target. However if you take a buy trade in stock , then use 227.7 as stoploss and 239.23 as target.

Share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Target 159.30
Downside Target 170.30
Downside Target 201.95
Downside Target 213.25
Downside Target 218.80
Upside Target 225.50
Upside Target 237.30
Upside Target 244.00
Upside Target 248.80
Upside Target 257.40
Upside Target 259.00
Upside Target 265.00

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 216.45
Downside Intraday Target 212.15
Upside Intraday Target 227.4
Upside Intraday Target 234.05
Upside Intraday Target 223.1

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
11 Mon Aug 2025 220.75 229.75 229.75 218.80 0.135 times
08 Fri Aug 2025 221.50 233.10 237.30 219.60 0.742 times
01 Fri Aug 2025 231.95 249.70 259.00 230.60 0.837 times
25 Fri Jul 2025 249.75 201.95 265.00 201.95 3.025 times
18 Fri Jul 2025 241.80 228.55 248.80 225.50 0.665 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
11 Mon Aug 2025 220.75 244.00 244.00 218.80 0.268 times
31 Thu Jul 2025 239.70 246.85 265.00 201.95 0.728 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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pennar Steel ( (PennarSteel) ) 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.

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Pennar Steel 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 coming down

CCI has generated a SELL signal for Pennar Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 230.92 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Pennar Steel ( (PennarSteel) ) 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.

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

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

Pennar Steel 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 coming down

CCI has generated a SELL signal for Pennar Steel in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 230.92 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.

Click here for Pennar Steel charts

Click here for further forecast and predictions for tomorrow

Daily charts

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