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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)

Showing technical analysis as on 2025-04-03 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 383950

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	1396.00	1379.00	1400.00	1370.05	0.83 times
02 Wed Apr 2025	1387.90	1385.80	1390.00	1365.00	0.679 times
01 Tue Apr 2025	1385.80	1377.80	1407.00	1368.05	0.864 times
28 Fri Mar 2025	1386.95	1367.45	1398.00	1361.50	1.031 times
27 Thu Mar 2025	1367.35	1340.50	1380.00	1333.00	0.838 times
26 Wed Mar 2025	1348.30	1357.55	1374.50	1345.00	0.486 times
25 Tue Mar 2025	1365.50	1396.00	1401.45	1359.55	0.6 times
24 Mon Mar 2025	1390.10	1383.00	1407.40	1377.15	1.809 times
21 Fri Mar 2025	1380.00	1369.75	1392.95	1361.00	0.984 times
20 Thu Mar 2025	1369.70	1355.00	1388.90	1344.10	2.026 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1381.8, but if it comes below 1381.8, then a intra day sell could be more profitable.
If you take a sell trade below 1381.8, then use 1381.8 as stoploss and 1339.92 as target. However if you take a buy trade in stock , then use 1381.8 as stoploss and 1432 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1186.20
Downside Target	1242.30
Downside Target	1283.60
Downside Target	1365.00
Downside Target	1376.30
Downside Target	1385.45
Downside Target	1392.95
Upside Target	1407.00
Upside Target	1407.40

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1371.67
Downside Intraday Target	1347.33
Upside Intraday Target	1413.67
Upside Intraday Target	1431.33
Downside Intraday Target	1389.33

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Apr 2025	1396.00	1377.80	1407.00	1365.00	0.498 times
28 Fri Mar 2025	1386.95	1383.00	1407.40	1333.00	0.979 times
21 Fri Mar 2025	1380.00	1288.05	1392.95	1283.60	1.809 times
13 Thu Mar 2025	1285.95	1280.00	1307.90	1242.30	0.351 times
07 Fri Mar 2025	1284.00	1260.00	1339.95	1195.55	1.887 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
03 Thu Apr 2025	1396.00	1377.80	1407.00	1365.00	0.119 times
28 Fri Mar 2025	1386.95	1260.00	1407.40	1195.55	1.032 times
28 Fri Feb 2025	1237.50	1345.05	1376.30	1205.75	0.332 times
31 Fri Jan 2025	1379.85	1280.00	1385.45	1214.60	1.552 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 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 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 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 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 BUY signal for Mahanagar Gas in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1379.36 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.