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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 2025-10-09 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 320984

Date	Daily Closing Price	Open	High	Low	Volume
09 Thu Oct 2025	1291.00	1285.00	1297.50	1274.00	0.662 times
08 Wed Oct 2025	1279.00	1324.90	1335.40	1276.70	1.135 times
07 Tue Oct 2025	1313.60	1284.40	1333.70	1284.40	2.484 times
06 Mon Oct 2025	1283.20	1285.70	1295.50	1278.10	0.782 times
03 Fri Oct 2025	1281.30	1281.00	1289.40	1273.00	0.886 times
01 Wed Oct 2025	1277.00	1305.00	1310.00	1272.40	0.768 times
30 Tue Sep 2025	1295.10	1259.10	1297.00	1254.80	1.128 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	0.626 times
25 Thu Sep 2025	1263.60	1280.00	1283.60	1259.50	0.857 times

My analysis of stock is bearish for shortterm, and stock might move down till 1267.2 or till 1228.6. Use a stoploss of 1299.48 and if the stock hits stoploss, then it can shoot up till 1331.72

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	1264.87
Downside Intraday Target	1238.73
Upside Intraday Target	1326.27
Upside Intraday Target	1361.53
Upside Intraday Target	1300.13

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Thu Oct 2025	1291.00	1285.70	1335.40	1274.00	1.547 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 up 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
09 Thu Oct 2025	1291.00	1305.00	1335.40	1272.40	0.339 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 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 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 Weak and stock is losing momentum.

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

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

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 moving up

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

Although the stock is in the SELL zone, but selling 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 1285.85 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.