Is PENNAR INDUSTRIES in uptrend or downtrend?

In the short term price movements in PENIND share indicates the market has a decisive bullish trend.

What is PENNAR INDUSTRIES share price forecast for tomorrow?

In Pennar Industries Limited stock current resistance level is at 157 and support level is at 134. Though market is closer to support level there are good chances till these ranges are broken, market would stay Bullish.

What are PENNAR INDUSTRIES support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Pennar Industries Limited in the short-term, the supply zone around 157 and 160. Hence, good chances of resistance around 160. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Pennar Industries Limited share is around 134 and 130. Hence, good chances for support around 130.

Why is PENNAR INDUSTRIES share price falling today?

Perhaps PENIND stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

PENNAR INDUSTRIES Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data