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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 2025-10-21 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 324174

Date	Daily Closing Price	Open	High	Low	Volume
21 Tue Oct 2025	1290.10	1283.50	1294.20	1283.50	0.087 times
20 Mon Oct 2025	1282.70	1282.00	1293.20	1273.70	0.507 times
17 Fri Oct 2025	1282.30	1306.50	1306.50	1280.00	0.765 times
16 Thu Oct 2025	1298.00	1320.00	1329.00	1293.20	0.937 times
15 Wed Oct 2025	1310.70	1308.80	1315.00	1299.00	0.744 times
14 Tue Oct 2025	1308.40	1300.80	1321.00	1287.00	1.344 times
13 Mon Oct 2025	1294.60	1301.00	1303.70	1277.90	0.957 times
10 Fri Oct 2025	1294.90	1285.00	1302.00	1285.00	0.507 times
09 Thu Oct 2025	1291.00	1285.00	1297.50	1274.00	0.655 times
08 Wed Oct 2025	1279.00	1324.90	1335.40	1276.70	1.124 times

My analysis of stock is bullish for shortterm, and stock might move up till 1304.6 or till 1326.3. Use a stoploss of 1286.48 and if this stock hits its stoploss, then it can fall down till 1268.38

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Downside Target	1272.40
Upside Target	1329.00
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	1277.8
Downside Intraday Target	1265.5
Upside Intraday Target	1298.3
Upside Intraday Target	1306.5
Downside Intraday Target	1286

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Tue Oct 2025	1290.10	1282.00	1294.20	1273.70	0.125 times
17 Fri Oct 2025	1282.30	1301.00	1329.00	1277.90	0.86 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

Price has moved up 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
21 Tue Oct 2025	1290.10	1305.00	1335.40	1272.40	0.638 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 to mid 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 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 gaining 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 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 buy signal for Mahanagar Gas in short term but BUY signal is weak.

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 1294.36 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 positive

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