(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 2024-03-21 View latest technical analysis
10 day averaged volume of Mahanagar Gas is 1742056
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 1321.75 | 1292.45 | 1325.00 | 1285.70 | 0.264 times |
20 Wed Mar 2024 | 1284.80 | 1256.75 | 1290.75 | 1252.95 | 0.216 times |
19 Tue Mar 2024 | 1261.70 | 1269.00 | 1275.80 | 1248.70 | 0.201 times |
18 Mon Mar 2024 | 1268.95 | 1270.90 | 1295.45 | 1257.00 | 0.329 times |
15 Fri Mar 2024 | 1264.20 | 1273.95 | 1279.65 | 1243.00 | 0.242 times |
14 Thu Mar 2024 | 1271.55 | 1230.10 | 1288.00 | 1215.95 | 0.834 times |
13 Wed Mar 2024 | 1220.30 | 1311.20 | 1326.20 | 1201.00 | 0.797 times |
12 Tue Mar 2024 | 1304.30 | 1275.50 | 1314.70 | 1263.60 | 0.661 times |
11 Mon Mar 2024 | 1275.95 | 1329.05 | 1329.05 | 1268.00 | 0.554 times |
07 Thu Mar 2024 | 1315.95 | 1330.00 | 1341.85 | 1310.00 | 1.176 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1269 as stoploss in an intra day buy trade for a target of 1385.92. However, stock will show a bearish move below 1269.
Share price targets for Mahanagar Gas (MGL)
Target Type | Value |
Downside Target | 999.00 |
Downside Target | 1043.10 |
Downside Target | 1070.95 |
Downside Target | 1168.25 |
Downside Target | 1201.00 |
Downside Target | 1231.40 |
Downside Target | 1297.30 |
Upside Target | 1325.00 |
Upside Target | 1435.70 |
Upside Target | 1486.30 |
Upside Target | 1537.00 |
Upside Target | 1547.85 |
Upside Target | 1554.30 |
Upside Target | 1580.00 |
Intraday share price targets for Mahanagar Gas (MGL)
Target Type | Value |
Downside Intraday Target | 1271.97 |
Downside Intraday Target | 1222.18 |
Upside Intraday Target | 1348.27 |
Upside Intraday Target | 1374.78 |
Downside Intraday Target | 1298.48 |
Weekly technical analysis of Mahanagar Gas (MGL)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 1321.75 | 1270.90 | 1325.00 | 1248.70 | 0.327 times |
15 Fri Mar 2024 | 1264.20 | 1329.05 | 1329.05 | 1201.00 | 0.453 times |
07 Thu Mar 2024 | 1315.95 | 1503.00 | 1580.00 | 1297.30 | 7.162 times |
02 Sat Mar 2024 | 1500.60 | 1526.95 | 1537.00 | 1452.75 | 1.244 times |
23 Fri Feb 2024 | 1523.60 | 1524.75 | 1547.85 | 1486.30 | 0.714 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 Thu Mar 2024 | 1321.75 | 1498.95 | 1580.00 | 1201.00 | 2.273 times |
29 Thu Feb 2024 | 1484.35 | 1484.70 | 1554.30 | 1435.70 | 0.57 times |
31 Wed Jan 2024 | 1479.25 | 1201.00 | 1488.80 | 1168.25 | 1.252 times |
29 Fri Dec 2023 | 1200.50 | 1046.80 | 1231.40 | 1043.10 | 1.986 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mahanagar Gas in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling 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 1280.45 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 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.
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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Mahanagar Gas in short term and the sell signal is strong.
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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term but selling 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 1280.45 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 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.
Click here for Mahanagar Gas charts
Click here for further forecast and predictions for tomorrow
Daily charts
COMMODITY Gainers BSE Gainers BSE Losers BSE Scanner CLOSED NEAR HIGH BSE Scanner CLOSED NEAR LOW USA Gainers USA Losers USA Scanner CLOSED NEAR HIGH USA Scanner CLOSED NEAR LOW USA Scanner UPTRENDING USA Scanner DOWNTRENDING
Munafa NEWSTerms of Use Stock Market News! © munafa.org.in2024 All Rights reserved.