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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 2025-01-28 View latest technical analysis

10 day averaged volume of Ganga Forging is 470762

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	6.62	6.79	6.94	6.50	0.413 times
27 Mon Jan 2025	6.65	6.96	6.96	6.62	0.537 times
24 Fri Jan 2025	6.82	7.20	7.22	6.75	0.556 times
23 Thu Jan 2025	6.97	6.97	6.99	6.84	0.385 times
22 Wed Jan 2025	6.81	6.98	6.98	6.78	0.42 times
21 Tue Jan 2025	6.91	7.24	7.42	6.87	1.921 times
20 Mon Jan 2025	7.24	6.86	7.24	6.82	2.369 times
17 Fri Jan 2025	6.90	6.98	7.09	6.87	0.233 times
16 Thu Jan 2025	6.98	7.17	7.20	6.82	1.216 times
15 Wed Jan 2025	7.02	6.96	7.03	6.85	1.202 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.7, but if it comes above 6.7, then a intra day buy could be more profitable.
If you take a sell trade below 6.7, then use 6.7 as stoploss and 6.3 as target. However if you take a buy trade in stock , then use 6.7 as stoploss and 6.93 as target.

Share price targets for Ganga Forging (GANGAFORGE)

Target Type	Value
Downside Target	6.15
Downside Target	6.38
Upside Target	6.75
Upside Target	6.96
Upside Target	7.20
Upside Target	7.42
Upside Target	7.61
Upside Target	7.65
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	6.43
Downside Intraday Target	6.23
Upside Intraday Target	6.89
Upside Intraday Target	7.15
Upside Intraday Target	6.69

Weekly technical analysis of Ganga Forging (GANGAFORGE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Jan 2025	6.62	6.96	6.96	6.50	0.168 times
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

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
28 Tue Jan 2025	6.62	6.42	7.80	6.38	30.107 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 down 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 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 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 Weak and stock is losing momentum.

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

Ganga Forging Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 and SELL signal is strong!

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 6.98 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 has given negative 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.