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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 2024-12-26 View latest technical analysis

10 day averaged volume of Ganga Forging is 1193936

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	7.35	7.46	7.69	7.02	0.519 times
24 Tue Dec 2024	7.35	7.28	7.41	7.06	1.163 times
23 Mon Dec 2024	7.06	6.83	7.06	6.60	0.387 times
20 Fri Dec 2024	6.73	6.63	6.85	6.48	5.03 times
19 Thu Dec 2024	6.53	6.63	6.69	6.43	0.545 times
18 Wed Dec 2024	6.65	6.90	6.94	6.63	0.517 times
17 Tue Dec 2024	6.87	7.00	7.04	6.80	0.212 times
16 Mon Dec 2024	7.07	7.30	7.36	7.05	0.605 times
13 Fri Dec 2024	7.37	6.99	7.39	6.70	1.115 times
12 Thu Dec 2024	7.04	7.30	7.31	6.94	0.279 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 7.4 as stoploss in an intra day sell trade for a target of 7.11. However, stock will show a bullish move above 7.4.

Share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Target	6.43
Downside Target	6.60
Downside Target	6.95
Downside Target	7.30
Upside Target	7.52
Upside Target	7.54
Upside Target	7.61
Upside Target	7.69
Upside Target	7.79
Upside Target	8.20
Upside Target	8.44

Intraday share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Intraday Target	6.74
Downside Intraday Target	6.12
Upside Intraday Target	7.83
Upside Intraday Target	8.3
Downside Intraday Target	7.21

Weekly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	7.35	6.83	7.69	6.60	0.3 times
20 Fri Dec 2024	6.73	7.30	7.36	6.43	3.336 times
13 Fri Dec 2024	7.37	7.47	7.54	6.70	1.143 times
06 Fri Dec 2024	7.47	7.25	7.79	6.45	3.442 times
29 Fri Nov 2024	7.15	7.23	7.40	6.81	1.103 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
26 Thu Dec 2024	7.35	7.25	7.79	6.43	11.469 times
29 Fri Nov 2024	7.15	6.68	7.61	6.68	0.459 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

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_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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 6.93 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 rising upwards.

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 positive

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