Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(MGL) Mahanagar Gas complete technical analysis [charts+indicators] | Buy/Sell Mahanagar Gas | (MGL) share price targets

Complete technical analysis of Mahanagar Gas (MGL) by charts plus indicators, forecast predictions and share price targets for Mahanagar Gas (MGL)

10 day averaged volume of Mahanagar Gas is 229963

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	1061.60	1081.40	1090.00	1055.40	2.243 times
06 Tue Jan 2026	1074.40	1122.00	1124.20	1070.10	3.41 times
05 Mon Jan 2026	1121.00	1151.00	1151.90	1119.00	1.066 times
02 Fri Jan 2026	1142.00	1129.00	1152.50	1123.00	0.952 times
01 Thu Jan 2026	1128.10	1136.20	1142.10	1123.40	0.394 times
31 Wed Dec 2025	1136.10	1116.00	1142.40	1115.10	0.857 times
30 Tue Dec 2025	1111.30	1117.10	1134.00	1107.00	0.965 times
29 Mon Dec 2025	1121.80	1137.50	1138.70	1114.20	0.587 times
26 Fri Dec 2025	1136.60	1136.90	1142.80	1126.10	0.47 times
24 Wed Dec 2025	1130.10	1145.20	1149.90	1128.00	0.498 times

Stock of Mahanagar Gas (MGL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1074.3, for a target of 1101 or 1123.23

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1055.40
Upside Target	1092.30
Upside Target	1151.90
Upside Target	1180.00
Upside Target	1192.20
Upside Target	1204.20
Upside Target	1234.00
Upside Target	1260.00
Upside Target	1286.20
Upside Target	1335.40
Upside Target	1378.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1027.37
Downside Intraday Target	993.13
Upside Intraday Target	1123.87
Upside Intraday Target	1186.13
Upside Intraday Target	1089.63

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	1061.60	1151.00	1151.90	1055.40	1.789 times
02 Fri Jan 2026	1142.00	1137.50	1152.50	1107.00	1.479 times
26 Fri Dec 2025	1136.60	1160.00	1180.00	1126.10	0.339 times
19 Fri Dec 2025	1151.00	1123.20	1159.40	1105.90	1.64 times
13 Sat Dec 2025	1123.20	1170.00	1170.00	1092.30	1.63 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahanagar Gas (MGL)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Wed Jan 2026	1061.60	1136.20	1152.50	1055.40	0.408 times
31 Wed Dec 2025	1136.10	1202.40	1204.20	1092.30	0.993 times
28 Fri Nov 2025	1200.20	1271.00	1286.20	1192.20	0.855 times
31 Fri Oct 2025	1276.90	1305.00	1335.40	1260.00	0.844 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mahanagar Gas (MGL)

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahanagar Gas ( (MGL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mahanagar Gas stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahanagar Gas in short term and the sell signal is strong.

Mahanagar Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahanagar Gas in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mahanagar Gas is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1098.85 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mahanagar Gas (MGL) stock. Volume based technical analysis of Mahanagar Gas (MGL) stock is negative.

Mahanagar Gas Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.