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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 2025-01-24 View latest technical analysis

10 day averaged volume of Ganga Forging is 598258

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	6.82	7.20	7.22	6.75	0.438 times
23 Thu Jan 2025	6.97	6.97	6.99	6.84	0.303 times
22 Wed Jan 2025	6.81	6.98	6.98	6.78	0.331 times
21 Tue Jan 2025	6.91	7.24	7.42	6.87	1.512 times
20 Mon Jan 2025	7.24	6.86	7.24	6.82	1.864 times
17 Fri Jan 2025	6.90	6.98	7.09	6.87	0.183 times
16 Thu Jan 2025	6.98	7.17	7.20	6.82	0.957 times
15 Wed Jan 2025	7.02	6.96	7.03	6.85	0.946 times
14 Tue Jan 2025	6.70	6.39	6.70	6.38	0.912 times
13 Mon Jan 2025	6.39	6.65	6.83	6.38	1.079 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 6.7 as stoploss in an intra day buy trade for a target of 6.95. However, stock will show a bearish move below 6.7.

Share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Target	6.15
Downside Target	6.38
Downside Target	6.57
Downside Target	6.75
Upside Target	6.98
Upside Target	7.20
Upside Target	7.42
Upside Target	7.61
Upside Target	7.80
Upside Target	8.23
Upside Target	8.50
Upside Target	9.39

Intraday share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Intraday Target	6.57
Downside Intraday Target	6.33
Upside Intraday Target	7.24
Upside Intraday Target	7.67
Upside Intraday Target	7

Weekly technical analysis of Ganga Forging (GANGAFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	6.82	6.86	7.42	6.75	1.091 times
17 Fri Jan 2025	6.90	6.65	7.20	6.38	0.326 times
10 Fri Jan 2025	6.72	7.37	7.80	6.61	0.679 times
03 Fri Jan 2025	7.64	6.90	7.65	6.42	8.649 times
13 Wed Nov 2024	7.03	8.19	8.50	7.03	0.442 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
24 Fri Jan 2025	6.82	6.42	7.80	6.38	29.528 times
31 Tue Dec 2024	6.62	6.90	6.98	6.57	0.168 times
13 Wed Nov 2024	7.03	6.31	8.50	6.21	0.57 times
31 Thu Oct 2024	6.29	8.13	8.23	6.15	0.466 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 to mid 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 mid to longer 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.

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 but the buy signal is initial and weak.

Ganga Forging Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 6.91 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.