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 247280

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Feb 2026	1050.20	1044.00	1052.80	1026.10	0.514 times
01 Sun Feb 2026	1046.90	1052.80	1065.00	1039.10	0.22 times
30 Fri Jan 2026	1052.80	1056.00	1064.80	1046.00	0.537 times
29 Thu Jan 2026	1058.60	1048.60	1072.80	1044.80	0.609 times
28 Wed Jan 2026	1043.30	1034.90	1051.00	1029.10	1.223 times
27 Tue Jan 2026	1028.60	1076.40	1076.40	1018.60	2.076 times
23 Fri Jan 2026	1077.00	1113.50	1113.90	1073.10	0.476 times
22 Thu Jan 2026	1116.10	1105.50	1125.10	1103.10	0.449 times
21 Wed Jan 2026	1106.30	1080.00	1109.00	1075.00	0.96 times
20 Tue Jan 2026	1097.50	1098.00	1114.50	1080.00	1.626 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1044.9 as stoploss in an intra day buy trade for a target of 1069.73. However, stock will show a bearish move below 1044.9.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1018.60
Upside Target	1092.30
Upside Target	1125.10
Upside Target	1151.90
Upside Target	1152.50
Upside Target	1192.20
Upside Target	1204.20
Upside Target	1260.00
Upside Target	1286.20
Upside Target	1335.40

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1029.2
Downside Intraday Target	1008.2
Upside Intraday Target	1068.1
Upside Intraday Target	1086
Downside Intraday Target	1047.1

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Feb 2026	1050.20	1052.80	1065.00	1026.10	0.165 times
30 Fri Jan 2026	1052.80	1076.40	1076.40	1018.60	0.833 times
23 Fri Jan 2026	1077.00	1060.00	1125.10	1059.90	1.403 times
16 Fri Jan 2026	1062.60	1053.40	1077.00	1045.60	0.444 times
09 Fri Jan 2026	1058.60	1151.00	1151.90	1040.20	2.451 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
02 Mon Feb 2026	1050.20	1052.80	1065.00	1026.10	0.031 times
30 Fri Jan 2026	1052.80	1136.20	1152.50	1018.60	1.271 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

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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short 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.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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.

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 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 moving up

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 and selling is picking up 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 1064.66 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.