Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-10-31 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 179412

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Oct 2025	1276.90	1267.00	1284.70	1265.20	1.445 times
30 Thu Oct 2025	1271.70	1275.00	1279.50	1260.00	1.907 times
29 Wed Oct 2025	1295.60	1295.00	1301.00	1289.30	0.688 times
28 Tue Oct 2025	1290.90	1289.90	1296.90	1284.10	0.495 times
27 Mon Oct 2025	1281.90	1314.00	1314.00	1278.50	1.471 times
24 Fri Oct 2025	1305.10	1305.00	1306.70	1292.20	0.5 times
23 Thu Oct 2025	1301.80	1297.00	1305.50	1290.10	0.792 times
21 Tue Oct 2025	1290.10	1283.50	1294.20	1283.50	0.157 times
20 Mon Oct 2025	1282.70	1282.00	1293.20	1273.70	0.917 times
17 Fri Oct 2025	1282.30	1306.50	1306.50	1280.00	1.381 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1280.1, but if it comes above 1280.1, then a intra day buy could be more profitable.
If you take a sell trade below 1280.1, then use 1280.1 as stoploss and 1266.1 as target. However if you take a buy trade in stock , then use 1280.1 as stoploss and 1291.69 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
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	1253.27
Downside Intraday Target	1229.63
Upside Intraday Target	1307.27
Upside Intraday Target	1337.63
Upside Intraday Target	1283.63

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Oct 2025	1276.90	1314.00	1314.00	1260.00	2.539 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, 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
31 Fri Oct 2025	1276.90	1305.00	1335.40	1260.00	0.844 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahanagar Gas in short term and the sell signal is strong.

Mahanagar Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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 1283.66 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.