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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 2026-01-05 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 162810

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	1121.00	1151.00	1151.90	1119.00	1.506 times
02 Fri Jan 2026	1142.00	1129.00	1152.50	1123.00	1.344 times
01 Thu Jan 2026	1128.10	1136.20	1142.10	1123.40	0.557 times
31 Wed Dec 2025	1136.10	1116.00	1142.40	1115.10	1.21 times
30 Tue Dec 2025	1111.30	1117.10	1134.00	1107.00	1.363 times
29 Mon Dec 2025	1121.80	1137.50	1138.70	1114.20	0.83 times
26 Fri Dec 2025	1136.60	1136.90	1142.80	1126.10	0.664 times
24 Wed Dec 2025	1130.10	1145.20	1149.90	1128.00	0.704 times
23 Tue Dec 2025	1145.20	1169.80	1169.80	1136.20	1.129 times
22 Mon Dec 2025	1160.70	1160.00	1180.00	1156.00	1.088 times

My analysis of stock is bearish for shortterm, and stock might move down till 1113.8 or till 1097.4. Use a stoploss of 1127.48 and if the stock hits stoploss, then it can shoot up till 1141.14

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1092.30
Upside Target	1151.90
Upside Target	1170.00
Upside Target	1180.00
Upside Target	1192.20
Upside Target	1204.20
Upside Target	1234.00
Upside Target	1260.00
Upside Target	1286.20
Upside Target	1335.40
Upside Target	1378.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1109.37
Downside Intraday Target	1097.73
Upside Intraday Target	1142.27
Upside Intraday Target	1163.53
Upside Intraday Target	1130.63

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Jan 2026	1121.00	1151.00	1151.90	1119.00	0.284 times
02 Fri Jan 2026	1142.00	1137.50	1152.50	1107.00	1.479 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

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
05 Mon Jan 2026	1121.00	1136.20	1152.50	1119.00	0.122 times
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

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 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 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 coming down

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 1133.04 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.