Stock analysis Pennar Industries Limited PENIND
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Recent prices of PENIND Pennar Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 30 Tue Apr 2024 | 137.00 | 136.15 to 140.80 | -1.47% | 0.31 times |
| 29 Mon Apr 2024 | 139.05 | 138.10 to 142.60 | 0.04% | 0.39 times |
| 26 Fri Apr 2024 | 139.00 | 138.30 to 142.95 | -1.56% | 0.39 times |
| 25 Thu Apr 2024 | 141.20 | 138.95 to 144.00 | 0.36% | 0.63 times |
| 24 Wed Apr 2024 | 140.70 | 139.95 to 144.20 | 0.79% | 0.89 times |
| 23 Tue Apr 2024 | 139.60 | 136.90 to 142.40 | 0.29% | 1.13 times |
| 22 Mon Apr 2024 | 139.20 | 130.25 to 144.50 | 7.99% | 3.19 times |
| 19 Fri Apr 2024 | 128.90 | 120.60 to 130.00 | 3.7% | 1.33 times |
| 18 Thu Apr 2024 | 124.30 | 123.80 to 129.60 | -1.23% | 0.48 times |
| 16 Tue Apr 2024 | 125.85 | 122.05 to 127.35 | 0.8% | 0.78 times |
| 15 Mon Apr 2024 | 124.85 | 113.90 to 128.75 | -4.62% | 0.79 times |
| 12 Fri Apr 2024 | 130.90 | 130.45 to 134.00 | -1.43% | 0.34 times |
Technical analysis forecast of Pennar Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Pennar Industries Limited PENIND at this time. Stock is rising and might rise more.
It appears as if Pennar Industries Limited PENIND gave a large move recently.
Stock of Pennar Industries Limited (PENIND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Pennar Industries Limited is bullish for shortterm, and stock might move up till 139.8 or till 146. Use a stoploss of 134.62 and if this stock hits its stoploss, then it can fall down till 129.46