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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 2026-02-06 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 177357

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Feb 2026	1152.60	1068.00	1165.00	1066.30	6.835 times
05 Thu Feb 2026	1071.50	1072.00	1077.50	1061.10	0.47 times
04 Wed Feb 2026	1077.20	1053.40	1085.00	1046.90	0.683 times
03 Tue Feb 2026	1053.40	1075.00	1075.00	1048.20	0.962 times
02 Mon Feb 2026	1050.20	1044.00	1052.80	1026.10	0.717 times
01 Sun Feb 2026	1046.90	1052.80	1065.00	1039.10	0.307 times
30 Fri Jan 2026	1052.80	1056.00	1064.80	1046.00	0.749 times
29 Thu Jan 2026	1058.60	1048.60	1072.80	1044.80	0.85 times
28 Wed Jan 2026	1043.30	1034.90	1051.00	1029.10	1.705 times
27 Tue Jan 2026	1028.60	1076.40	1076.40	1018.60	2.894 times

Stock of Mahanagar Gas (MGL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1135, for a target of 1100.4 or 1071.62

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1018.60
Downside Target	1125.10
Downside Target	1151.90
Downside Target	1152.50
Upside Target	1165.00
Upside Target	1192.20
Upside Target	1204.20
Upside Target	1260.00
Upside Target	1286.20
Upside Target	1335.40

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1064.13
Downside Intraday Target	975.67
Upside Intraday Target	1203.03
Upside Intraday Target	1253.47
Downside Intraday Target	1114.57

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Feb 2026	1152.60	1052.80	1165.00	1026.10	1.61 times
30 Fri Jan 2026	1052.80	1076.40	1076.40	1018.60	0.833 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahanagar Gas (MGL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Feb 2026	1152.60	1052.80	1165.00	1026.10	0.306 times
30 Fri Jan 2026	1052.80	1136.20	1152.50	1018.60	1.271 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

Scroll below to view daily charts

Price has moved up 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 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 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.

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 buy signal for Mahanagar Gas in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 1091.34 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.