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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 2026-01-12 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 298033

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon Jan 2026	1068.80	1053.40	1075.00	1045.60	0.448 times
09 Fri Jan 2026	1058.60	1051.30	1069.50	1040.20	0.573 times
08 Thu Jan 2026	1059.80	1066.80	1071.30	1050.10	1.345 times
07 Wed Jan 2026	1061.60	1081.40	1090.00	1055.40	1.731 times
06 Tue Jan 2026	1074.40	1122.00	1124.20	1070.10	2.631 times
05 Mon Jan 2026	1121.00	1151.00	1151.90	1119.00	0.823 times
02 Fri Jan 2026	1142.00	1129.00	1152.50	1123.00	0.734 times
01 Thu Jan 2026	1128.10	1136.20	1142.10	1123.40	0.304 times
31 Wed Dec 2025	1136.10	1116.00	1142.40	1115.10	0.661 times
30 Tue Dec 2025	1111.30	1117.10	1134.00	1107.00	0.745 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1083, but if it comes above 1083, then a intra day buy could be more profitable.
If you take a sell trade below 1083, then use 1083 as stoploss and 1045.6 as target. However if you take a buy trade in stock , then use 1083 as stoploss and 1114.1 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1040.20
Upside Target	1075.00
Upside Target	1151.90
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	1051.27
Downside Intraday Target	1033.73
Upside Intraday Target	1080.67
Upside Intraday Target	1092.53
Downside Intraday Target	1063.13

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon Jan 2026	1068.80	1053.40	1075.00	1045.60	0.063 times
09 Fri Jan 2026	1058.60	1151.00	1151.90	1040.20	2.451 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

Price has moved up 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
12 Mon Jan 2026	1068.80	1136.20	1152.50	1040.20	0.563 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 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 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 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 1086.33 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.