Meyka AI API is live for developers.Start building.
Advertisement
Ganga Forging Limited

Ganga Forging Limited (GANGAFORGE.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ganga Forging Limited.

GANGAFORGE.NS●NSE
IndustrialsManufacturing - Metal Fabrication
₹2.69
₹0.12(4.67%)
Indian Market opens in 16h 13m
Advertisement

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GANGAFORGE.NS Technical Analysis Summary

Ganga Forging Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.58)
Trend Strength:Strong (ADX: 34.96)
Volatility:High (ATR: 0.16)
Support/Resistance:$2.22 – $2.60 (Bollinger Bands)

This mix signals that Ganga Forging Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.58

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.11

Bullish
Buying momentum building without extremes.

Williams %R: -36.84

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 7.26

Strongly Bullish
Strong upside momentum.

Takeaway:Ganga Forging Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 34.96

Strong
Strong trend, momentum well established.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): 60.33

Bullish
Bullish, momentum building upward.

Takeaway:Ganga Forging Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.60
Middle Band (SMA 20)
$2.41
Lower Band
$2.22
Current Position
Above Upper Band

Takeaway:Ganga Forging Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$2.80
Middle Line (EMA 20)
$2.47
Lower Channel
$2.14
Squeeze Status
Squeeze On

Takeaway:Ganga Forging Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-325.70K
Money Flow Index59.24Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.58Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:GANGAFORGE.NS shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Ganga Forging Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for Ganga Forging Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ