Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(GANGAFORGE_BE) Ganga Forging complete technical analysis [charts+indicators] | Buy/Sell Ganga Forging | (GANGAFORGE_BE) share price targets

Complete technical analysis of Ganga Forging (GANGAFORGE_BE) by charts plus indicators, forecast predictions and share price targets for Ganga Forging (GANGAFORGE_BE)

Showing technical analysis as on 2024-07-10 View latest technical analysis

10 day averaged volume of Ganga Forging is 257646

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	7.86	8.00	8.00	7.70	1.046 times
09 Tue Jul 2024	7.81	7.80	7.95	7.65	0.523 times
08 Mon Jul 2024	7.80	7.87	7.90	7.70	0.898 times
05 Fri Jul 2024	7.87	7.75	7.99	7.75	0.895 times
04 Thu Jul 2024	7.75	7.97	8.00	7.72	1.205 times
03 Wed Jul 2024	7.81	7.98	8.05	7.72	1.251 times
02 Tue Jul 2024	7.91	7.87	8.10	7.70	0.745 times
01 Mon Jul 2024	7.87	7.70	7.95	7.40	1.044 times
28 Fri Jun 2024	7.74	7.83	7.97	7.60	1.333 times
27 Thu Jun 2024	7.83	7.94	8.00	7.75	0.724 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 7.8 as stoploss in an intra day buy trade for a target of 7.93. However, stock will show a bearish move below 7.8.

Share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Target	7.30
Downside Target	7.55
Upside Target	8.00
Upside Target	8.19
Upside Target	8.20
Upside Target	8.44
Upside Target	8.75
Upside Target	10.50
Upside Target	12.15

Intraday share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Intraday Target	7.67
Downside Intraday Target	7.49
Upside Intraday Target	8.02
Upside Intraday Target	8.19
Downside Intraday Target	7.84

Weekly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	7.86	7.87	8.00	7.65	0.48 times
05 Fri Jul 2024	7.87	7.70	8.10	7.40	0.92 times
28 Fri Jun 2024	7.74	8.00	8.19	7.60	1.063 times
21 Fri Jun 2024	8.10	7.85	8.20	7.55	0.749 times
14 Fri Jun 2024	7.85	8.05	8.44	7.75	1.176 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	7.86	7.70	8.10	7.40	0.319 times
28 Fri Jun 2024	7.74	8.00	8.44	7.30	0.914 times
31 Fri May 2024	7.65	8.05	8.75	7.40	1.314 times
30 Tue Apr 2024	8.05	9.05	10.50	8.05	0.45 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_BE)

Price action analysis of Ganga Forging ( (GANGAFORGE_BE) ) 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_BE) ) 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_BE) ) 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_BE) ) 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 SELL. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ganga Forging in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 7.82 and Ganga Forging (GANGAFORGE_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Ganga Forging (GANGAFORGE_BE) stock. Volume based technical analysis of Ganga Forging (GANGAFORGE_BE) stock is negative.

Ganga Forging Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.