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(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 2024-11-22 View latest technical analysis

10 day averaged volume of Ganga Forging is 167644

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	7.11	6.84	7.34	6.84	0.484 times
21 Thu Nov 2024	7.20	7.56	7.56	7.18	1.007 times
19 Tue Nov 2024	7.56	7.61	7.61	7.26	1.06 times
18 Mon Nov 2024	7.25	6.90	7.25	6.70	0.848 times
14 Thu Nov 2024	6.91	6.68	7.10	6.68	0.838 times
16 Fri Aug 2024	6.95	7.03	7.18	6.75	1.423 times
14 Wed Aug 2024	7.03	7.14	7.22	7.00	0.826 times
13 Tue Aug 2024	7.14	7.22	7.24	7.01	0.708 times
12 Mon Aug 2024	7.19	7.07	7.25	6.95	1.223 times
09 Fri Aug 2024	7.00	7.39	7.46	6.90	1.599 times

My analysis of stock is bearish for shortterm, and stock might move down till 7 or till 6.8. Use a stoploss of 7.13 and if the stock hits stoploss, then it can shoot up till 7.29

Share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Target	6.65
Downside Target	6.95
Downside Target	7.10
Upside Target	7.25
Upside Target	7.52
Upside Target	7.60
Upside Target	7.61
Upside Target	8.20
Upside Target	8.44
Upside Target	8.75

Intraday share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Intraday Target	6.67
Downside Intraday Target	6.23
Upside Intraday Target	7.58
Upside Intraday Target	8.05
Upside Intraday Target	7.14

Weekly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	7.11	6.90	7.61	6.70	4.056 times
14 Thu Nov 2024	6.91	6.68	7.10	6.68	0.2 times
16 Fri Aug 2024	6.95	7.07	7.25	6.75	0.542 times
09 Fri Aug 2024	7.00	7.15	7.52	6.75	0.456 times
02 Fri Aug 2024	7.17	7.24	7.60	6.65	0.415 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	7.11	6.68	7.61	6.68	0.243 times
16 Fri Aug 2024	6.95	7.00	7.52	6.65	0.228 times
31 Wed Jul 2024	7.02	7.70	8.20	6.95	2.084 times
28 Fri Jun 2024	7.74	8.00	8.44	7.30	0.914 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 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_BE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 tired and bears are picking up momentum.

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