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 2025-12-31 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 258406

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Dec 2025	1136.10	1116.00	1142.40	1115.10	0.763 times
30 Tue Dec 2025	1111.30	1117.10	1134.00	1107.00	0.859 times
29 Mon Dec 2025	1121.80	1137.50	1138.70	1114.20	0.523 times
26 Fri Dec 2025	1136.60	1136.90	1142.80	1126.10	0.419 times
24 Wed Dec 2025	1130.10	1145.20	1149.90	1128.00	0.443 times
23 Tue Dec 2025	1145.20	1169.80	1169.80	1136.20	0.712 times
22 Mon Dec 2025	1160.70	1160.00	1180.00	1156.00	0.685 times
19 Fri Dec 2025	1151.00	1125.90	1158.00	1116.80	0.7 times
18 Thu Dec 2025	1121.70	1119.00	1126.70	1113.50	0.388 times
17 Wed Dec 2025	1117.30	1123.60	1159.40	1112.00	4.762 times

My analysis of stock is bullish for shortterm, and stock might move up till 1149.7 or till 1172.1. Use a stoploss of 1131.1 and if this stock hits its stoploss, then it can fall down till 1112.45

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1092.30
Upside Target	1204.20
Upside Target	1234.00
Upside Target	1245.10
Upside Target	1260.00
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	1114.6
Downside Intraday Target	1093.1
Upside Intraday Target	1150
Upside Intraday Target	1163.9
Downside Intraday Target	1128.5

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Dec 2025	1136.10	1137.50	1142.40	1107.00	0.949 times
26 Fri Dec 2025	1136.60	1160.00	1180.00	1126.10	0.339 times
19 Fri Dec 2025	1151.00	1123.20	1159.40	1105.90	1.64 times
13 Sat Dec 2025	1123.20	1170.00	1170.00	1092.30	1.63 times
05 Fri Dec 2025	1170.00	1202.40	1204.20	1160.80	0.691 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
31 Wed Dec 2025	1136.10	1202.40	1204.20	1092.30	0.993 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 1127.07 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 negative.

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