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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 2024-11-27 View latest technical analysis

10 day averaged volume of Ganga Forging is 141647

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	7.17	7.24	7.38	6.90	0.724 times
26 Tue Nov 2024	7.17	7.26	7.40	7.00	0.893 times
25 Mon Nov 2024	7.17	7.23	7.38	7.02	0.592 times
22 Fri Nov 2024	7.11	6.84	7.34	6.84	0.573 times
21 Thu Nov 2024	7.20	7.56	7.56	7.18	1.192 times
19 Tue Nov 2024	7.56	7.61	7.61	7.26	1.255 times
18 Mon Nov 2024	7.25	6.90	7.25	6.70	1.004 times
14 Thu Nov 2024	6.91	6.68	7.10	6.68	0.992 times
16 Fri Aug 2024	6.95	7.03	7.18	6.75	1.684 times
14 Wed Aug 2024	7.03	7.14	7.22	7.00	0.977 times

My analysis of stock is bullish for shortterm, and stock might move up till 7.3 or till 7.5. Use a stoploss of 7.12 and if this stock hits its stoploss, then it can fall down till 6.97

Share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Target	6.65
Downside Target	6.90
Downside Target	7.10
Upside Target	7.25
Upside Target	7.40
Upside Target	7.52
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	6.91
Downside Intraday Target	6.66
Upside Intraday Target	7.41
Upside Intraday Target	7.66
Downside Intraday Target	7.16

Weekly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Nov 2024	7.17	7.23	7.40	6.90	0.549 times
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

Price has moved up 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
27 Wed Nov 2024	7.17	6.68	7.61	6.68	0.35 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 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_BE) ) based on a short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.

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 in or above 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 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 7.15 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 is giving positive 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.