Short term swing trade (C): Capital Goods stock | 9-10% target | Indian stock trading calls on 5 Aug 2025

NOTE

Closing Price: ₹784 (as of Aug 04, 2025)
StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
Upside Potential#: Based on median of the suggested buy range.

Gallantt Ispat Limited manufactures and sells iron and steel products in India, including TMT bars, sponge iron, M.S. round bars, billets, iron ore pellets, and MIS roll bars. The company also has interests in real estate and cement. Its products serve real estate developers, construction companies, government bodies, and corporate clients. Founded in 1984 and headquartered in Gorakhpur, India, it was renamed from Gallantt Metal Limited to Gallantt Ispat Limited in June 2022.

Website: http://www.gallantt.com/

Technical Analysis

Key Observations

After breaking out from the Inverted Head & Shoulders pattern, the stock surged to an all-time high and is expected to maintain its bullish momentum in the near term.

Technical Image - Daily Timeframe

Technical Analysis

Key Observations

After breaking out from the Inverted Head & Shoulders pattern, the stock surged to an all-time high and is expected to maintain its bullish momentum in the near term.

Technical Image - Daily Timeframe

Conclusion

Gallantt Ispat Limited Stock Price Forecast

Based on our positional trading tips in India, the Gallantt Ispat Limited Stock Price target will be INR 850 - INR 860 in the next 12-14 trading sessions.

Conclusion

Gallantt Ispat Limited Stock Price Forecast

Based on our positional trading tips in India, the Gallantt Ispat Limited Stock Price target will be INR 850 - INR 860 in the next 12-14 trading sessions.

Analyst Summary

The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).

The views expressed herein are based solely on information available publicly/internal data/other sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to accuracy. The recommendations provided herein is solely for informational purposes and are not intended to be and must not be taken alone as the basis for an investment/trading decision. Trading and investing are subject to market risk and the securities discussed and opinions expressed herein may not be suitable for all investors. To read the full disclosure, please click here.