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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 2024-09-05 View latest technical analysis

10 day averaged volume of Ganga Forging is 1106211

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	8.56	8.56	8.56	8.56	0.126 times
04 Wed Sep 2024	8.16	7.70	8.16	7.61	0.15 times
03 Tue Sep 2024	7.78	7.82	8.00	7.78	0.485 times
02 Mon Sep 2024	8.19	8.50	8.50	8.19	0.37 times
30 Fri Aug 2024	8.63	8.66	9.10	8.54	1.03 times
29 Thu Aug 2024	8.99	8.86	9.18	8.76	0.958 times
28 Wed Aug 2024	8.87	9.00	9.18	8.78	1.203 times
27 Tue Aug 2024	9.02	9.73	9.73	8.80	4.177 times
26 Mon Aug 2024	9.27	9.27	9.27	9.27	0.281 times
23 Fri Aug 2024	8.83	8.83	8.83	8.83	0.41 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 9.1 as stoploss in an intra day sell trade for a target of 7.57. However, stock will show a bullish move above 9.1.

Share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Target	3.10
Downside Target	3.45
Downside Target	3.55
Downside Target	3.70
Downside Target	4.00
Downside Target	4.20
Downside Target	4.60
Downside Target	5.15
Downside Target	6.95
Downside Target	7.30
Downside Target	7.61
Downside Target	8.54
Downside Target	8.56
Upside Target	8.83
Upside Target	9.73

Intraday share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Intraday Target	7.93
Downside Intraday Target	7.29
Upside Intraday Target	8.88
Upside Intraday Target	9.19
Downside Intraday Target	8.24

Weekly technical analysis of Ganga Forging (GANGAFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	8.56	8.50	8.56	7.61	0.148 times
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

Price has moved down 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
05 Thu Sep 2024	8.56	8.50	8.56	7.61	0.096 times
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

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Ganga Forging in short term but the sell signal is initial and weak.

Ganga Forging Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

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 8.83 and Ganga Forging (GANGAFORGE) stock is trading below this level. This means that stock is falling with high volumes. 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.