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(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)

Showing technical analysis as on 2025-07-01 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 874977

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	1491.20	1485.00	1498.00	1475.00	0.587 times
30 Mon Jun 2025	1483.20	1510.60	1515.00	1472.90	0.953 times
27 Fri Jun 2025	1511.80	1447.10	1525.00	1439.70	2.27 times
26 Thu Jun 2025	1447.10	1447.40	1453.80	1425.40	0.574 times
25 Wed Jun 2025	1445.50	1430.00	1458.00	1428.10	1.934 times
24 Tue Jun 2025	1412.40	1419.00	1436.80	1408.50	0.4 times
23 Mon Jun 2025	1399.40	1388.00	1404.60	1366.10	0.462 times
20 Fri Jun 2025	1394.80	1392.40	1414.40	1387.80	0.251 times
19 Thu Jun 2025	1392.40	1430.00	1430.00	1387.10	0.543 times
18 Wed Jun 2025	1425.60	1440.90	1444.00	1416.20	1.149 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1460.4, but if it comes below 1460.4, then a intra day sell could be more profitable.
If you take a sell trade below 1460.4, then use 1460.4 as stoploss and 1405 as target. However if you take a buy trade in stock , then use 1460.4 as stoploss and 1526.9 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1348.20
Downside Target	1407.00
Downside Target	1444.00
Downside Target	1472.90
Downside Target	1475.00
Upside Target	1498.00
Upside Target	1515.00
Upside Target	1525.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1471.07
Downside Intraday Target	1450.93
Upside Intraday Target	1513.17
Upside Intraday Target	1535.13
Upside Intraday Target	1493.03

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	1491.20	1510.60	1515.00	1472.90	0.273 times
27 Fri Jun 2025	1511.80	1388.00	1525.00	1366.10	1.227 times
20 Fri Jun 2025	1394.80	1348.90	1444.00	1348.20	0.674 times
13 Fri Jun 2025	1344.50	1360.00	1427.00	1307.10	1.507 times
06 Fri Jun 2025	1329.60	1332.90	1376.40	1290.60	1.553 times

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

Monthly technical analysis of Mahanagar Gas (MGL)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Tue Jul 2025	1491.20	1485.00	1498.00	1475.00	0.026 times
30 Mon Jun 2025	1483.20	1332.90	1525.00	1290.60	1.941 times
30 Fri May 2025	1325.20	1346.30	1435.40	1317.70	0.859 times
30 Wed Apr 2025	1346.10	1377.80	1407.00	1230.50	1.541 times

Scroll below to view daily charts

Price has moved up 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

MACD generated a BUY signal for Mahanagar Gas in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mahanagar Gas Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahanagar Gas in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1458.13 and Mahanagar Gas (MGL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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