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Dinesh_C_Nagpal

Pennar Industries

PENNAR INDUSTRIES (NSE:PENIND)  
Dinesh_C_Nagpal  
NSE:PENIND   PENNAR INDUSTRIES
Trend Analysis Technical Indicators Chart Patterns bluechips4u bluechips4uharmonics ichimokubluechips4u ichimokuscholar ichimokuexpert ichimokutrainig smallcapstocks
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trendanalysis indicator chartpattern bluechips4u bluechips4uharmonics ichimokubluechips4u ichimokuscholar ichimokuexpert ichimokutrainig smallcapstocks
Hello & welcome to this analysis.

Stock has been on a strong uptrend ever since it broke above its 5 years high near 80.

Currently at a parallel channel and Ichimoku target/resistance.

Accumulate on dips till 120 and or wait for sustenance above 150 for further upside would be my strategy in this stock.

Happy Investing
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