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(GANGAFORGE) Ganga Forging complete technical analysis [charts+indicators] | Buy/Sell Ganga Forging | (GANGAFORGE) share price targets

Complete technical analysis of Ganga Forging (GANGAFORGE) by charts plus indicators, forecast predictions and share price targets for Ganga Forging (GANGAFORGE)

Showing technical analysis as on 2024-08-22 View latest technical analysis

10 day averaged volume of Ganga Forging is 3265576

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	8.41	8.41	8.41	8.23	0.317 times
21 Wed Aug 2024	8.01	7.50	8.01	7.35	0.395 times
20 Tue Aug 2024	7.63	7.57	7.64	7.06	0.357 times
19 Mon Aug 2024	7.28	7.09	7.29	6.95	0.187 times
08 Thu Jun 2023	7.10	6.65	7.30	6.00	3.353 times
07 Wed Jun 2023	6.65	6.65	6.65	5.85	1.721 times
06 Tue Jun 2023	6.05	5.95	6.05	5.60	1.615 times
05 Mon Jun 2023	5.50	5.35	5.50	5.15	0.926 times
02 Fri Jun 2023	4.60	4.00	4.60	3.85	1.137 times
01 Thu Jun 2023	3.85	3.70	3.90	3.70	0.165 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 8.9, for a target of 6.8 or 5.09

Share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Target	3.00
Downside Target	3.10
Downside Target	3.45
Downside Target	3.55
Downside Target	3.70
Downside Target	3.85
Downside Target	3.95
Downside Target	4.20
Downside Target	4.60
Downside Target	5.15
Downside Target	6.95
Downside Target	7.30
Downside Target	8.41

Intraday share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Intraday Target	7.44
Downside Intraday Target	6.46
Upside Intraday Target	8.9
Upside Intraday Target	9.38
Downside Intraday Target	7.92

Weekly technical analysis of Ganga Forging (GANGAFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	8.41	7.09	8.41	6.95	0.165 times
08 Thu Jun 2023	7.10	5.35	7.30	5.15	4.918 times
02 Fri Jun 2023	4.60	3.65	4.60	3.55	10.641 times
26 Fri May 2023	3.60	3.75	3.75	3.45	0.906 times
19 Fri May 2023	3.75	3.70	3.85	3.60	1.055 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 Ganga Forging (GANGAFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	8.41	7.09	8.41	6.95	0.141 times
08 Thu Jun 2023	7.10	3.70	7.30	3.70	10.25 times
31 Wed May 2023	3.65	3.70	4.00	3.45	0.641 times
28 Fri Apr 2023	3.70	3.10	4.20	3.10	1.146 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 Ganga Forging (GANGAFORGE)

Price action analysis of Ganga Forging ( (GANGAFORGE) ) based on a short 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 Ganga Forging ( (GANGAFORGE) ) 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 Ganga Forging ( (GANGAFORGE) ) 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 Ganga Forging stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Ganga Forging 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.

Ganga Forging Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Ganga Forging 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 Ganga Forging is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.48 and Ganga Forging (GANGAFORGE) 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 Ganga Forging (GANGAFORGE) stock. Volume based technical analysis of Ganga Forging (GANGAFORGE) stock is negative.

Ganga Forging 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.