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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 2025-10-28 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 222707

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue Oct 2025	1290.90	1289.90	1296.90	1284.10	0.398 times
27 Mon Oct 2025	1281.90	1314.00	1314.00	1278.50	1.185 times
24 Fri Oct 2025	1305.10	1305.00	1306.70	1292.20	0.403 times
23 Thu Oct 2025	1301.80	1297.00	1305.50	1290.10	0.638 times
21 Tue Oct 2025	1290.10	1283.50	1294.20	1283.50	0.126 times
20 Mon Oct 2025	1282.70	1282.00	1293.20	1273.70	0.739 times
17 Fri Oct 2025	1282.30	1306.50	1306.50	1280.00	1.113 times
16 Thu Oct 2025	1298.00	1320.00	1329.00	1293.20	1.363 times
15 Wed Oct 2025	1310.70	1308.80	1315.00	1299.00	1.083 times
14 Tue Oct 2025	1308.40	1300.80	1321.00	1287.00	1.957 times

My analysis of stock is bearish for shortterm, and stock might move down till 1278.2 or till 1262.7. Use a stoploss of 1291.06 and if the stock hits stoploss, then it can shoot up till 1303.94

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Downside Target	1272.40
Upside Target	1314.00
Upside Target	1329.00
Upside Target	1335.40
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	1274.93
Downside Intraday Target	1258.97
Upside Intraday Target	1310.43
Upside Intraday Target	1329.97
Upside Intraday Target	1294.47

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue Oct 2025	1290.90	1314.00	1314.00	1278.50	0.831 times
24 Fri Oct 2025	1305.10	1282.00	1306.70	1273.70	0.276 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

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
28 Tue Oct 2025	1290.90	1305.00	1335.40	1272.40	0.73 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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

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 1296.63 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. 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 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.