A nickel (Ni) based alloy for forging includes: 0.001 to 0.1 wt. % of carbon (C); 12 to 23 wt. % of chromium (Cr); 3.5 to 5.0 wt. % of aluminum (Al); 5 to 12 combined wt. % of tungsten (W) and molybdenum (Mo) in which the Mo content is 5 wt. % or less; a negligible small amount of titanium (Ti), tantalate (Ta) and niobium (Nb); and the balance of Ni and inevitable impurities.