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Stock analysis Ganga Forging Limited GANGAFORGE

More indepth analysis on MunafaSutra.com

Moving Averages for Ganga Forging Limited

  • 5Day Average: 4.29
  • 12Day Average: 4.42
  • 20Day Average: 4.65
  • 50Day Average: 4.78
  • 100Day Average: 5.43
  • 150Day Average: 6.11
  • 200Day Average: 6.1

GANGAFORGE Indicators & signals

Indicator MACD (12,26,9)

4.44, 4.64, -0.15
Indicator MACD is in negative zone

Indicator ADX (14)

0, 31.82, 31.82
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GANGAFORGE Ganga Forging Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
05 Thu Jun 2025 4.30 4.25 to 4.35 1.18% 0.08 times
04 Wed Jun 2025 4.25 4.15 to 4.30 1.92% 0.21 times
03 Tue Jun 2025 4.17 4.14 to 4.43 -4.36% 0.49 times
02 Mon Jun 2025 4.36 4.26 to 4.44 -0.23% 0.2 times
30 Fri May 2025 4.37 4.30 to 4.45 1.39% 0.44 times
29 Thu May 2025 4.31 4.31 to 4.69 -5.07% 4.62 times
28 Wed May 2025 4.54 4.45 to 4.59 0.89% 0.18 times
27 Tue May 2025 4.50 4.50 to 4.61 -1.75% 0.19 times
26 Mon May 2025 4.58 4.50 to 4.68 0.22% 0.5 times
23 Fri May 2025 4.57 4.47 to 4.63 2.01% 0.36 times
22 Thu May 2025 4.48 4.34 to 4.67 -1.97% 2.81 times
21 Wed May 2025 4.57 4.57 to 4.98 -5.19% 2.39 times

Technical analysis forecast for Ganga Forging Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ganga Forging Limited GANGAFORGE at this time. Stock is falling and might fall more.

It appears as if Ganga Forging Limited GANGAFORGE gave a large move recently.

Stock of Ganga Forging Limited (GANGAFORGE) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Ganga Forging Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4.2 as stoploss in an intra day buy trade for a target of 4.55. However, stock will show a bearish move below 4.2.

More indepth analysis on MunafaSutra.com