(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 2024-06-05 View latest technical analysis
10 day averaged volume of Mahanagar Gas is 465360
Date | Daily Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 1314.70 | 1301.15 | 1323.95 | 1260.00 | 1.02 times |
04 Tue Jun 2024 | 1262.95 | 1379.95 | 1379.95 | 1180.35 | 2.113 times |
03 Mon Jun 2024 | 1378.60 | 1350.00 | 1390.15 | 1319.75 | 2.871 times |
31 Fri May 2024 | 1298.00 | 1287.00 | 1314.10 | 1280.00 | 1.648 times |
30 Thu May 2024 | 1280.90 | 1306.95 | 1307.15 | 1274.00 | 0.534 times |
29 Wed May 2024 | 1303.80 | 1286.00 | 1305.15 | 1282.55 | 0.441 times |
28 Tue May 2024 | 1294.15 | 1310.00 | 1310.00 | 1282.25 | 0.412 times |
27 Mon May 2024 | 1304.95 | 1305.90 | 1316.00 | 1288.60 | 0.568 times |
24 Fri May 2024 | 1291.05 | 1292.00 | 1302.00 | 1287.30 | 0.252 times |
23 Thu May 2024 | 1292.65 | 1300.75 | 1309.30 | 1286.35 | 0.507 times |
My analysis of stock is bullish for shortterm, and stock might move up till 1327.2 or till 1354.6. Use a stoploss of 1304.29 and if this stock hits its stoploss, then it can fall down till 1281.41
Share price targets for Mahanagar Gas (MGL)
Target Type | Value |
Downside Target | 1180.35 |
Downside Target | 1257.00 |
Upside Target | 1316.00 |
Upside Target | 1365.65 |
Upside Target | 1390.15 |
Upside Target | 1435.70 |
Upside Target | 1443.95 |
Upside Target | 1474.00 |
Upside Target | 1496.00 |
Upside Target | 1554.30 |
Upside Target | 1580.00 |
Intraday share price targets for Mahanagar Gas (MGL)
Target Type | Value |
Downside Intraday Target | 1199.98 |
Downside Intraday Target | 1085.27 |
Upside Intraday Target | 1409.78 |
Upside Intraday Target | 1504.87 |
Downside Intraday Target | 1295.07 |
Weekly technical analysis of Mahanagar Gas (MGL)
Date | Weekly Closing Price | Open | High | Low | Volume |
05 Wed Jun 2024 | 1314.70 | 1350.00 | 1390.15 | 1180.35 | 1.666 times |
31 Fri May 2024 | 1298.00 | 1305.90 | 1316.00 | 1274.00 | 1.763 times |
24 Fri May 2024 | 1291.05 | 1319.80 | 1319.80 | 1286.35 | 0.46 times |
18 Sat May 2024 | 1319.80 | 1335.90 | 1335.90 | 1269.50 | 0.609 times |
10 Fri May 2024 | 1300.35 | 1434.50 | 1443.95 | 1257.00 | 3.113 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 |
05 Wed Jun 2024 | 1314.70 | 1350.00 | 1390.15 | 1180.35 | 0.319 times |
31 Fri May 2024 | 1298.00 | 1445.00 | 1474.00 | 1257.00 | 1.067 times |
30 Tue Apr 2024 | 1443.50 | 1368.50 | 1496.00 | 1365.65 | 0.384 times |
28 Thu Mar 2024 | 1364.05 | 1498.95 | 1580.00 | 1201.00 | 2.54 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
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 but BUY signal is weak.
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 1313.99 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 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 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 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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.
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.
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 but BUY signal is weak.
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 1313.99 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 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.