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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 2024-08-30 View latest technical analysis

10 day averaged volume of Ganga Forging is 2282889

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	8.63	8.66	9.10	8.54	0.499 times
29 Thu Aug 2024	8.99	8.86	9.18	8.76	0.464 times
28 Wed Aug 2024	8.87	9.00	9.18	8.78	0.583 times
27 Tue Aug 2024	9.02	9.73	9.73	8.80	2.024 times
26 Mon Aug 2024	9.27	9.27	9.27	9.27	0.136 times
23 Fri Aug 2024	8.83	8.83	8.83	8.83	0.199 times
22 Thu Aug 2024	8.41	8.41	8.41	8.23	0.453 times
21 Wed Aug 2024	8.01	7.50	8.01	7.35	0.565 times
20 Tue Aug 2024	7.63	7.57	7.64	7.06	0.511 times
19 Mon Aug 2024	7.28	7.09	7.29	6.95	0.268 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 8.8 as stoploss in an intra day sell trade for a target of 6.66. However, stock will show a bullish move above 8.8.

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	8.54
Upside Target	8.83
Upside Target	9.73

Intraday share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Intraday Target	8.2
Downside Intraday Target	7.78
Upside Intraday Target	9.39
Upside Intraday Target	10.16
Upside Intraday Target	8.97

Weekly technical analysis of Ganga Forging (GANGAFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	8.63	9.27	9.73	8.54	1.857 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 down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ganga Forging (GANGAFORGE)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	8.63	7.09	9.73	6.95	0.447 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ganga Forging ( (GANGAFORGE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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.

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 8.61 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.