Stock analysis Ganga Forging Limited GANGAFORGE
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Recent prices of GANGAFORGE Ganga Forging Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 08 Thu Jun 2023 | 7.10 | 6.00 to 7.30 | 6.77% | 5.71 times |
| 07 Wed Jun 2023 | 6.65 | 5.85 to 6.65 | 9.92% | 2.93 times |
| 06 Tue Jun 2023 | 6.05 | 5.60 to 6.05 | 10% | 2.75 times |
| 05 Mon Jun 2023 | 5.50 | 5.15 to 5.50 | 19.57% | 1.58 times |
| 02 Fri Jun 2023 | 4.60 | 3.85 to 4.60 | 19.48% | 1.94 times |
| 01 Thu Jun 2023 | 3.85 | 3.70 to 3.90 | 5.48% | 0.28 times |
| 31 Wed May 2023 | 3.65 | 3.60 to 3.90 | -1.35% | 0.24 times |
| 30 Tue May 2023 | 3.70 | 3.60 to 3.80 | 2.78% | 0.09 times |
| 29 Mon May 2023 | 3.60 | 3.55 to 3.65 | 0% | 0.09 times |
| 26 Fri May 2023 | 3.60 | 3.45 to 3.70 | -1.37% | 0.08 times |
| 25 Thu May 2023 | 3.65 | 3.55 to 3.65 | 0% | 0.03 times |
| 24 Wed May 2023 | 3.65 | 3.60 to 3.70 | 0% | 0.03 times |
Technical analysis forecast of Ganga Forging Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Ganga Forging Limited GANGAFORGE at this time. Stock is rising and might rise more.
It appears as if Ganga Forging Limited GANGAFORGE gave a large move recently.
Stock of Ganga Forging Limited (GANGAFORGE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
Although my analysis for Ganga Forging Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 7, for a target of 5.7 or 4.65