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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 2024-08-27 View latest technical analysis

10 day averaged volume of Ganga Forging is 2973374

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	9.02	9.73	9.73	8.80	1.554 times
26 Mon Aug 2024	9.27	9.27	9.27	9.27	0.105 times
23 Fri Aug 2024	8.83	8.83	8.83	8.83	0.153 times
22 Thu Aug 2024	8.41	8.41	8.41	8.23	0.348 times
21 Wed Aug 2024	8.01	7.50	8.01	7.35	0.434 times
20 Tue Aug 2024	7.63	7.57	7.64	7.06	0.392 times
19 Mon Aug 2024	7.28	7.09	7.29	6.95	0.206 times
08 Thu Jun 2023	7.10	6.65	7.30	6.00	3.683 times
07 Wed Jun 2023	6.65	6.65	6.65	5.85	1.89 times
06 Tue Jun 2023	6.05	5.95	6.05	5.60	1.773 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 8, but if it comes below 8, then a intra day sell could be more profitable.
If you take a sell trade below 8, then use 8 as stoploss and 5.89 as target. However if you take a buy trade in stock , then use 8 as stoploss and 10.5 as target.

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	3.95
Downside Target	4.20
Downside Target	4.60
Downside Target	5.15
Downside Target	6.95
Downside Target	7.30
Downside Target	8.80
Downside Target	8.83
Upside Target	9.73

Intraday share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Intraday Target	8.64
Downside Intraday Target	8.25
Upside Intraday Target	9.57
Upside Intraday Target	10.11
Upside Intraday Target	9.18

Weekly technical analysis of Ganga Forging (GANGAFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	9.02	9.27	9.73	8.80	1.082 times
23 Fri Aug 2024	8.83	7.09	8.83	6.95	0.183 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

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
27 Tue Aug 2024	9.02	7.09	9.73	6.95	0.326 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ganga Forging in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 7.28 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.