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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)

Showing technical analysis as on 2025-07-29 View latest technical analysis

10 day averaged volume of Pennar Steel is 69621

Date Daily Closing Price Open High Low Volume
29 Tue Jul 2025 253.50 237.35 254.40 237.35 0.963 times
28 Mon Jul 2025 243.90 249.70 252.65 242.40 0.784 times
25 Fri Jul 2025 249.75 261.65 261.90 248.50 0.523 times
24 Thu Jul 2025 262.30 254.95 265.00 252.35 3.017 times
23 Wed Jul 2025 252.75 253.55 257.75 249.60 1.712 times
22 Tue Jul 2025 251.70 248.00 253.35 243.50 1.513 times
21 Mon Jul 2025 242.50 201.95 246.50 201.95 0.223 times
18 Fri Jul 2025 241.80 247.35 248.55 240.55 0.435 times
17 Thu Jul 2025 247.30 241.65 248.80 241.60 0.635 times
16 Wed Jul 2025 241.60 239.05 244.00 239.05 0.477 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 250, but if it comes below 250, then a intra day sell could be more profitable.
If you take a sell trade below 250, then use 250 as stoploss and 238.49 as target. However if you take a buy trade in stock , then use 250 as stoploss and 263.9 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 201.95
Downside Target 213.25
Downside Target 220.05
Downside Target 230.05
Downside Target 237.35
Downside Target 246.85
Downside Target 248.80
Upside Target 254.40
Upside Target 257.40
Upside Target 265.00

Intraday share price targets for Pennar Steel (PennarSteel)

Target Type Value
Downside Intraday Target 242.43
Downside Intraday Target 231.37
Upside Intraday Target 259.48
Upside Intraday Target 265.47
Downside Intraday Target 248.42

Weekly technical analysis of Pennar Steel (PennarSteel)

Date Weekly Closing Price Open High Low Volume
29 Tue Jul 2025 253.50 249.70 254.40 237.35 0.25 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
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

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
29 Tue Jul 2025 253.50 246.85 265.00 201.95 0.592 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short 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 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 SELL. Signal strength is Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Pennar Steel in short term and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 253.1 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.

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Pennar Steel ( (PennarSteel) ) based on a short 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 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 SELL. Signal strength is Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Pennar Steel in short term and BUY signal is strong.

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

Although the stock is in the BUY zone, but buying 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 253.1 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.

Click here for Pennar Steel charts

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Daily charts

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