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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 2025-10-08 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 320527

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Oct 2025	1279.00	1324.90	1335.40	1276.70	1.137 times
07 Tue Oct 2025	1313.60	1284.40	1333.70	1284.40	2.487 times
06 Mon Oct 2025	1283.20	1285.70	1295.50	1278.10	0.784 times
03 Fri Oct 2025	1281.30	1281.00	1289.40	1273.00	0.887 times
01 Wed Oct 2025	1277.00	1305.00	1310.00	1272.40	0.769 times
30 Tue Sep 2025	1295.10	1259.10	1297.00	1254.80	1.13 times
29 Mon Sep 2025	1259.60	1248.00	1263.90	1236.90	0.491 times
26 Fri Sep 2025	1237.70	1263.00	1267.30	1234.00	0.627 times
25 Thu Sep 2025	1263.60	1280.00	1283.60	1259.50	0.858 times
24 Wed Sep 2025	1278.60	1308.20	1313.00	1275.50	0.844 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 1267 as stoploss in an intra day buy trade for a target of 1299.28. However, stock will show a bearish move below 1267.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Upside Target	1335.40
Upside Target	1349.90
Upside Target	1351.10
Upside Target	1372.90
Upside Target	1378.00
Upside Target	1525.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1258.67
Downside Intraday Target	1238.33
Upside Intraday Target	1317.37
Upside Intraday Target	1355.73
Upside Intraday Target	1297.03

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Oct 2025	1279.00	1285.70	1335.40	1276.70	1.345 times
03 Fri Oct 2025	1281.30	1248.00	1310.00	1236.90	0.779 times
26 Fri Sep 2025	1237.70	1349.90	1349.90	1234.00	0.701 times
19 Fri Sep 2025	1344.70	1304.00	1378.00	1292.00	2.36 times
12 Fri Sep 2025	1302.70	1288.50	1307.70	1262.00	0.468 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
08 Wed Oct 2025	1279.00	1305.00	1335.40	1272.40	0.306 times
30 Tue Sep 2025	1295.10	1264.00	1378.00	1234.00	1.156 times
29 Fri Aug 2025	1251.80	1364.50	1372.90	1245.10	0.359 times
31 Thu Jul 2025	1358.10	1485.00	1586.90	1351.10	0.777 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 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

Mahanagar Gas Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 1284.9 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.