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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 2025-10-13 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 304112

Date	Daily Closing Price	Open	High	Low	Volume
13 Mon Oct 2025	1294.60	1301.00	1303.70	1277.90	1.021 times
10 Fri Oct 2025	1294.90	1285.00	1302.00	1285.00	0.541 times
09 Thu Oct 2025	1291.00	1285.00	1297.50	1274.00	0.698 times
08 Wed Oct 2025	1279.00	1324.90	1335.40	1276.70	1.198 times
07 Tue Oct 2025	1313.60	1284.40	1333.70	1284.40	2.621 times
06 Mon Oct 2025	1283.20	1285.70	1295.50	1278.10	0.826 times
03 Fri Oct 2025	1281.30	1281.00	1289.40	1273.00	0.935 times
01 Wed Oct 2025	1277.00	1305.00	1310.00	1272.40	0.811 times
30 Tue Sep 2025	1295.10	1259.10	1297.00	1254.80	1.191 times
29 Mon Sep 2025	1259.60	1248.00	1263.90	1236.90	0.518 times

My analysis of stock is bearish for shortterm, and stock might move down till 1266.5 or till 1227.8. Use a stoploss of 1298.75 and if the stock hits stoploss, then it can shoot up till 1331

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Downside Target	1272.40
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	1280.43
Downside Intraday Target	1266.27
Upside Intraday Target	1306.23
Upside Intraday Target	1317.87
Downside Intraday Target	1292.07

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Mon Oct 2025	1294.60	1301.00	1303.70	1277.90	0.173 times
10 Fri Oct 2025	1294.90	1285.70	1335.40	1274.00	1.704 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

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
13 Mon Oct 2025	1294.60	1305.00	1335.40	1272.40	0.414 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 but selling is losing 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 1292.2 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.