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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 2024-08-14 View latest technical analysis

10 day averaged volume of Ganga Forging is 284905

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	7.03	7.14	7.22	7.00	0.486 times
13 Tue Aug 2024	7.14	7.22	7.24	7.01	0.417 times
12 Mon Aug 2024	7.19	7.07	7.25	6.95	0.72 times
09 Fri Aug 2024	7.00	7.39	7.46	6.90	0.941 times
08 Thu Aug 2024	7.11	7.25	7.25	7.01	0.275 times
07 Wed Aug 2024	7.23	6.99	7.26	6.75	0.662 times
06 Tue Aug 2024	6.98	7.24	7.40	6.89	1.138 times
05 Mon Aug 2024	7.15	7.15	7.52	6.85	1.525 times
02 Fri Aug 2024	7.17	6.97	7.17	6.65	1.432 times
01 Thu Aug 2024	6.83	7.00	7.05	6.78	1.818 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 as stoploss in an intra day buy trade for a target of 7.25. However, stock will show a bearish move below 7.

Share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Target	6.65
Downside Target	6.95
Upside Target	7.25
Upside Target	7.60
Upside Target	7.95
Upside Target	8.05
Upside Target	8.20
Upside Target	8.44
Upside Target	8.75
Upside Target	10.50

Intraday share price targets for Ganga Forging (GANGAFORGE_BE)

Target Type	Value
Downside Intraday Target	6.9
Downside Intraday Target	6.78
Upside Intraday Target	7.2
Upside Intraday Target	7.38
Upside Intraday Target	7.08

Weekly technical analysis of Ganga Forging (GANGAFORGE_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	7.03	7.07	7.25	6.95	0.357 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
26 Fri Jul 2024	7.24	7.79	7.95	7.01	4.091 times
19 Fri Jul 2024	7.81	7.79	8.20	7.40	1.591 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
14 Wed Aug 2024	7.03	7.00	7.52	6.65	0.209 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
31 Fri May 2024	7.65	8.05	8.75	7.40	1.314 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 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 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 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.

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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ganga Forging is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.06 and Ganga Forging (GANGAFORGE_BE) 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_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.