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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)

10 day averaged volume of Mahanagar Gas is 607763

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Jul 2025	1478.90	1483.00	1488.90	1465.20	0.417 times
15 Tue Jul 2025	1474.60	1466.00	1481.50	1463.50	0.233 times
14 Mon Jul 2025	1475.90	1484.90	1484.90	1460.10	0.505 times
11 Fri Jul 2025	1486.20	1476.00	1497.70	1472.00	0.452 times
10 Thu Jul 2025	1482.20	1493.00	1495.60	1459.20	0.635 times
09 Wed Jul 2025	1488.70	1512.40	1515.70	1485.00	0.575 times
08 Tue Jul 2025	1512.40	1556.00	1556.00	1507.30	0.737 times
07 Mon Jul 2025	1542.70	1550.00	1554.50	1515.20	1.037 times
04 Fri Jul 2025	1542.40	1508.00	1586.90	1505.00	4.669 times
03 Thu Jul 2025	1508.00	1515.00	1520.50	1503.20	0.317 times

My analysis of stock is bullish for shortterm, and stock might move up till 1518.3 or till 1571.6. Use a stoploss of 1473.97 and if this stock hits its stoploss, then it can fall down till 1429.59

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1317.70
Downside Target	1348.20
Downside Target	1407.00
Downside Target	1472.90
Upside Target	1488.90
Upside Target	1525.00
Upside Target	1556.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1463.03
Downside Intraday Target	1447.17
Upside Intraday Target	1491.83
Upside Intraday Target	1504.77
Downside Intraday Target	1475.97

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Jul 2025	1478.90	1484.90	1488.90	1460.10	0.336 times
11 Fri Jul 2025	1486.20	1550.00	1556.00	1459.20	0.427 times
04 Fri Jul 2025	1542.40	1510.60	1586.90	1472.90	0.991 times
27 Fri Jun 2025	1511.80	1388.00	1525.00	1366.10	1.227 times
20 Fri Jun 2025	1394.80	1348.90	1444.00	1348.20	0.674 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
16 Wed Jul 2025	1478.90	1485.00	1586.90	1459.20	0.347 times
30 Mon Jun 2025	1483.20	1332.90	1525.00	1290.60	1.941 times
30 Fri May 2025	1325.20	1346.30	1435.40	1317.70	0.859 times
30 Wed Apr 2025	1346.10	1377.80	1407.00	1230.50	1.541 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 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 mid to longer 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.

ADX buy sell signal for Mahanagar Gas stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mahanagar Gas in short term but the sell signal is initial and weak.

Mahanagar Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 1521.2 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 positive

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