Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Ganga Forging Limited

GANGAFORGE.NS Technical Analysis Summary (NSE)

Analyze GANGAFORGE.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GANGAFORGE.NS●NSE
IndustrialsManufacturing - Metal Fabrication
₹1.95
₹0.20(9.30%)
Indian Market is Open · 10:13

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 (NSE)

Ganga Forging Limited (NSE: GANGAFORGE.NS) stock currently shows a neutral trend on the NSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.24)
Trend Strength:Moderate (ADX: 21.55)
Volatility:High (ATR: 0.12)
Support/Resistance:$1.52 – $2.66 (Bollinger Bands)

Technical conditions suggest Ganga Forging Limited on the NSE is awaiting a decisive move. This mix signals that Ganga Forging Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 45.24

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.03

Neutral
Mid-range signal with no clear trend.

Williams %R: -68.24

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 14.53

Strongly Bullish
Strong upside momentum.

Takeaway:Ganga Forging Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.55

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): -61.75

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.66
Middle Band (SMA 20)
$2.09
Lower Band
$1.52
Current Position
Within Bands

Takeaway:Ganga Forging Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.41
Middle Line (EMA 20)
$2.18
Lower Channel
$1.94
Squeeze Status
No Squeeze

Takeaway:Ganga Forging Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume177.46M
Money Flow Index97.10Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index40.78Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GANGAFORGE.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Ganga Forging Limited (NSE: GANGAFORGE.NS), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

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

(NSE: GANGAFORGE.NS) Technical Analysis FAQ