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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 343106

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Aug 2025	1313.70	1333.40	1344.10	1310.00	0.849 times
13 Wed Aug 2025	1343.30	1358.10	1369.00	1340.70	0.486 times
12 Tue Aug 2025	1356.80	1342.10	1359.00	1332.50	0.675 times
11 Mon Aug 2025	1337.40	1323.90	1348.40	1314.00	1.111 times
08 Fri Aug 2025	1320.20	1294.00	1328.00	1290.80	1.558 times
07 Thu Aug 2025	1291.20	1285.00	1303.50	1278.00	0.731 times
06 Wed Aug 2025	1292.70	1296.10	1314.00	1283.00	0.558 times
05 Tue Aug 2025	1299.70	1350.00	1350.10	1284.00	1.923 times
04 Mon Aug 2025	1334.10	1339.90	1346.40	1313.10	0.607 times
01 Fri Aug 2025	1337.40	1364.50	1372.90	1335.00	0.53 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 1308.2 as stoploss in an intra day buy trade for a target of 1378.22. However, stock will show a bearish move below 1308.2.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1230.50
Downside Target	1278.00
Upside Target	1375.40
Upside Target	1407.00
Upside Target	1427.90
Upside Target	1435.40
Upside Target	1460.10
Upside Target	1525.00
Upside Target	1535.60
Upside Target	1562.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1292.8
Downside Intraday Target	1271.9
Upside Intraday Target	1351.8
Upside Intraday Target	1389.9
Upside Intraday Target	1330.9

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Aug 2025	1313.70	1323.90	1369.00	1310.00	0.58 times
08 Fri Aug 2025	1320.20	1339.90	1350.10	1278.00	0.834 times
01 Fri Aug 2025	1337.40	1370.90	1427.90	1335.00	0.441 times
25 Fri Jul 2025	1379.80	1511.20	1562.00	1375.40	2.362 times
18 Fri Jul 2025	1511.20	1484.90	1535.60	1460.10	1.017 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
14 Thu Aug 2025	1313.70	1364.50	1372.90	1278.00	0.202 times
31 Thu Jul 2025	1358.10	1485.00	1586.90	1351.10	0.777 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

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 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 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 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 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 Weak and stock is gaining momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahanagar Gas in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 1319.22 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 negative.

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