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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 2026-01-27 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 242996

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Jan 2026	1028.60	1076.40	1076.40	1018.60	2.112 times
23 Fri Jan 2026	1077.00	1113.50	1113.90	1073.10	0.485 times
22 Thu Jan 2026	1116.10	1105.50	1125.10	1103.10	0.457 times
21 Wed Jan 2026	1106.30	1080.00	1109.00	1075.00	0.977 times
20 Tue Jan 2026	1097.50	1098.00	1114.50	1080.00	1.655 times
19 Mon Jan 2026	1098.00	1060.00	1101.00	1059.90	1.855 times
16 Fri Jan 2026	1062.60	1048.40	1067.00	1046.50	0.923 times
14 Wed Jan 2026	1048.40	1063.70	1077.00	1045.60	1.053 times
13 Tue Jan 2026	1064.00	1070.00	1074.50	1059.00	1.344 times
12 Mon Jan 2026	1068.80	1053.40	1075.00	1045.60	0.549 times

Stock of Mahanagar Gas (MGL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1019.1, for a target of 1057.3 or 1089.1

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1018.60
Upside Target	1040.20
Upside Target	1151.90
Upside Target	1152.50
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	1006
Downside Intraday Target	983.4
Upside Intraday Target	1063.8
Upside Intraday Target	1099
Upside Intraday Target	1041.2

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Jan 2026	1028.60	1076.40	1076.40	1018.60	0.389 times
23 Fri Jan 2026	1077.00	1060.00	1125.10	1059.90	1.403 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

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
27 Tue Jan 2026	1028.60	1136.20	1152.50	1018.60	1.143 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY signal for Mahanagar Gas in short term but the buy signal is initial and weak.

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 1072.78 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.