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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 2026-01-21 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 366441

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Jan 2026	1106.30	1080.00	1109.00	1075.00	0.648 times
20 Tue Jan 2026	1097.50	1098.00	1114.50	1080.00	1.097 times
19 Mon Jan 2026	1098.00	1060.00	1101.00	1059.90	1.23 times
16 Fri Jan 2026	1062.60	1048.40	1067.00	1046.50	0.612 times
14 Wed Jan 2026	1048.40	1063.70	1077.00	1045.60	0.698 times
13 Tue Jan 2026	1064.00	1070.00	1074.50	1059.00	0.891 times
12 Mon Jan 2026	1068.80	1053.40	1075.00	1045.60	0.364 times
09 Fri Jan 2026	1058.60	1051.30	1069.50	1040.20	0.466 times
08 Thu Jan 2026	1059.80	1066.80	1071.30	1050.10	1.094 times
07 Wed Jan 2026	1061.60	1081.40	1090.00	1055.40	1.408 times

My analysis of stock is bullish for shortterm, and stock might move up till 1131 or till 1169.9. Use a stoploss of 1098.61 and if this stock hits its stoploss, then it can fall down till 1066.21

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1040.20
Upside Target	1151.90
Upside Target	1152.50
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	1072.63
Downside Intraday Target	1038.97
Upside Intraday Target	1127.23
Upside Intraday Target	1148.17
Downside Intraday Target	1093.57

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Jan 2026	1106.30	1060.00	1114.50	1059.90	1.16 times
16 Fri Jan 2026	1062.60	1053.40	1077.00	1045.60	0.444 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

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
21 Wed Jan 2026	1106.30	1136.20	1152.50	1040.20	0.979 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 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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mahanagar Gas in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 1074.05 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 positive

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