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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 581989

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Jul 2025	1522.80	1481.00	1525.90	1481.00	1.786 times
16 Wed Jul 2025	1478.90	1483.00	1488.90	1465.20	0.435 times
15 Tue Jul 2025	1474.60	1466.00	1481.50	1463.50	0.243 times
14 Mon Jul 2025	1475.90	1484.90	1484.90	1460.10	0.527 times
11 Fri Jul 2025	1486.20	1476.00	1497.70	1472.00	0.472 times
10 Thu Jul 2025	1482.20	1493.00	1495.60	1459.20	0.663 times
09 Wed Jul 2025	1488.70	1512.40	1515.70	1485.00	0.601 times
08 Tue Jul 2025	1512.40	1556.00	1556.00	1507.30	0.77 times
07 Mon Jul 2025	1542.70	1550.00	1554.50	1515.20	1.083 times
04 Fri Jul 2025	1542.40	1508.00	1586.90	1505.00	4.875 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1521.9, but if it comes below 1521.9, then a intra day sell could be more profitable.
If you take a sell trade below 1521.9, then use 1521.9 as stoploss and 1480.49 as target. However if you take a buy trade in stock , then use 1521.9 as stoploss and 1571.6 as target.

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	1525.00
Upside Target	1525.90
Upside Target	1556.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1479.97
Downside Intraday Target	1437.13
Upside Intraday Target	1545.77
Upside Intraday Target	1568.73
Downside Intraday Target	1502.93

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Jul 2025	1522.80	1484.90	1525.90	1460.10	0.833 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 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
17 Thu Jul 2025	1522.80	1485.00	1586.90	1459.20	0.4 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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahanagar Gas in short term but the sell 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 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 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 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

Although the stock is in the BUY zone, but buying 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 1521.83 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.