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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 2025-06-13 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 983999

Date	Daily Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	1344.50	1341.00	1352.20	1307.10	0.991 times
12 Thu Jun 2025	1370.50	1414.90	1420.00	1367.10	0.561 times
11 Wed Jun 2025	1410.50	1400.00	1426.00	1393.20	0.699 times
10 Tue Jun 2025	1393.80	1426.00	1427.00	1383.60	0.756 times
09 Mon Jun 2025	1416.30	1360.00	1422.00	1341.50	3.056 times
06 Fri Jun 2025	1329.60	1311.10	1340.00	1311.10	0.9 times
05 Thu Jun 2025	1307.10	1304.10	1332.20	1295.20	1.289 times
04 Wed Jun 2025	1301.00	1318.10	1319.00	1290.60	0.572 times
03 Tue Jun 2025	1313.60	1331.00	1332.10	1310.10	0.344 times
02 Mon Jun 2025	1319.00	1332.90	1376.40	1315.50	0.916 times

My analysis of stock is bearish for shortterm, and stock might move down till 1321.3 or till 1280.3. Use a stoploss of 1355.47 and if the stock hits stoploss, then it can shoot up till 1389.64

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Upside Target	1398.90
Upside Target	1407.00
Upside Target	1407.40
Upside Target	1420.00
Upside Target	1427.00
Upside Target	1434.20
Upside Target	1435.40

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1292.07
Downside Intraday Target	1239.63
Upside Intraday Target	1411.97
Upside Intraday Target	1479.43
Upside Intraday Target	1359.53

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Fri Jun 2025	1344.50	1360.00	1427.00	1307.10	1.507 times
06 Fri Jun 2025	1329.60	1332.90	1376.40	1290.60	1.553 times
30 Fri May 2025	1325.20	1352.70	1398.90	1318.00	1.47 times
23 Fri May 2025	1348.80	1391.40	1434.20	1342.00	0.943 times
16 Fri May 2025	1391.40	1377.10	1420.00	1363.00	0.549 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
13 Fri Jun 2025	1344.50	1332.90	1427.00	1290.60	0.977 times
30 Fri May 2025	1325.20	1346.30	1435.40	1317.70	0.859 times
30 Wed Apr 2025	1346.10	1377.80	1407.00	1230.50	1.541 times
28 Fri Mar 2025	1386.95	1260.00	1407.40	1195.55	1.032 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 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 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 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 BUY signal for Mahanagar Gas in short term and the buy 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 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 1364.02 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. 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.