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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 2025-12-11 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 165268

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Dec 2025	1123.40	1121.00	1131.00	1112.30	0.519 times
10 Wed Dec 2025	1115.40	1107.30	1148.60	1105.50	1.913 times
09 Tue Dec 2025	1105.60	1122.00	1123.60	1092.30	1.5 times
08 Mon Dec 2025	1122.40	1170.00	1170.00	1115.80	1.224 times
05 Fri Dec 2025	1170.00	1171.10	1204.20	1165.00	0.555 times
04 Thu Dec 2025	1171.10	1171.00	1178.00	1162.00	0.766 times
03 Wed Dec 2025	1175.70	1187.00	1188.70	1160.80	1 times
02 Tue Dec 2025	1183.10	1199.90	1201.50	1180.00	0.838 times
01 Mon Dec 2025	1194.80	1202.40	1203.20	1190.40	0.736 times
28 Fri Nov 2025	1200.20	1219.80	1219.80	1194.00	0.744 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1147.4, but if it comes above 1147.4, then a intra day buy could be more profitable.
If you take a sell trade below 1147.4, then use 1147.4 as stoploss and 1095 as target. However if you take a buy trade in stock , then use 1147.4 as stoploss and 1191.02 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1092.30
Upside Target	1160.80
Upside Target	1235.00
Upside Target	1245.10
Upside Target	1256.00
Upside Target	1260.00
Upside Target	1263.50
Upside Target	1286.20
Upside Target	1335.40
Upside Target	1372.90
Upside Target	1378.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1087.13
Downside Intraday Target	1050.87
Upside Intraday Target	1164.83
Upside Intraday Target	1206.27
Upside Intraday Target	1128.57

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Dec 2025	1123.40	1170.00	1170.00	1092.30	1.324 times
05 Fri Dec 2025	1170.00	1202.40	1204.20	1160.80	0.691 times
28 Fri Nov 2025	1200.20	1215.90	1235.00	1192.20	0.718 times
21 Fri Nov 2025	1214.60	1249.30	1263.50	1212.70	0.886 times
14 Fri Nov 2025	1253.30	1215.60	1256.00	1206.00	1.636 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
11 Thu Dec 2025	1123.40	1202.40	1204.20	1092.30	0.326 times
28 Fri Nov 2025	1200.20	1271.00	1286.20	1192.20	0.855 times
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

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 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 SELL. Signal strength is Strong and stock is gaining 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 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 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 1147 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.