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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 2025-04-25 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 789476

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	1279.60	1324.90	1329.00	1266.00	0.614 times
24 Thu Apr 2025	1324.30	1324.90	1342.10	1319.20	0.605 times
23 Wed Apr 2025	1323.10	1355.00	1359.60	1304.30	0.712 times
22 Tue Apr 2025	1343.50	1300.20	1354.50	1296.60	1.275 times
21 Mon Apr 2025	1293.70	1264.90	1297.60	1255.70	0.633 times
17 Thu Apr 2025	1251.60	1262.00	1262.70	1238.00	0.914 times
16 Wed Apr 2025	1252.40	1249.00	1285.00	1230.50	3.451 times
15 Tue Apr 2025	1315.60	1281.00	1321.50	1281.00	0.312 times
11 Fri Apr 2025	1277.50	1286.00	1286.00	1238.65	0.906 times
09 Wed Apr 2025	1244.70	1310.80	1312.00	1239.75	0.73 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 1277.7 as stoploss in an intra day buy trade for a target of 1324.58. However, stock will show a bearish move below 1277.7.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1186.20
Upside Target	1309.50
Upside Target	1333.00
Upside Target	1358.85
Upside Target	1359.60
Upside Target	1376.30
Upside Target	1385.45
Upside Target	1407.00
Upside Target	1407.40

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1237
Downside Intraday Target	1194.4
Upside Intraday Target	1340.9
Upside Intraday Target	1402.2
Upside Intraday Target	1298.3

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Apr 2025	1279.60	1264.90	1359.60	1255.70	0.821 times
17 Thu Apr 2025	1251.60	1281.00	1321.50	1230.50	1.782 times
11 Fri Apr 2025	1277.50	1272.00	1358.85	1238.65	1.798 times
04 Fri Apr 2025	1330.90	1377.80	1407.00	1321.05	0.63 times
28 Fri Mar 2025	1386.95	1383.00	1407.40	1333.00	0.979 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
25 Fri Apr 2025	1279.60	1377.80	1407.00	1230.50	1.297 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Mahanagar Gas stock for short term is SELL. Signal strength is Weak and stock is losing 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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Mahanagar Gas in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1280.86 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.