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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 2025-06-23 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 998669

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	1399.40	1388.00	1404.60	1366.10	0.405 times
20 Fri Jun 2025	1394.80	1392.40	1414.40	1387.80	0.22 times
19 Thu Jun 2025	1392.40	1430.00	1430.00	1387.10	0.476 times
18 Wed Jun 2025	1425.60	1440.90	1444.00	1416.20	1.006 times
17 Tue Jun 2025	1433.50	1405.90	1438.80	1400.20	1.283 times
16 Mon Jun 2025	1389.70	1348.90	1391.80	1348.20	1.042 times
13 Fri Jun 2025	1344.50	1341.00	1352.20	1307.10	0.976 times
12 Thu Jun 2025	1370.50	1414.90	1420.00	1367.10	0.553 times
11 Wed Jun 2025	1410.50	1400.00	1426.00	1393.20	0.689 times
10 Tue Jun 2025	1393.80	1426.00	1427.00	1383.60	0.745 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1408.3 as stoploss in an intra day sell trade for a target of 1367.08. However, stock will show a bullish move above 1408.3.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1348.20
Downside Target	1398.90
Upside Target	1404.60
Upside Target	1407.00
Upside Target	1407.40
Upside Target	1427.00
Upside Target	1435.40
Upside Target	1444.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1375.47
Downside Intraday Target	1351.53
Upside Intraday Target	1413.97
Upside Intraday Target	1428.53
Downside Intraday Target	1390.03

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Jun 2025	1399.40	1388.00	1404.60	1366.10	0.101 times
20 Fri Jun 2025	1394.80	1348.90	1444.00	1348.20	0.674 times
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

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
23 Mon Jun 2025	1399.40	1332.90	1444.00	1290.60	1.413 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 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 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 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 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.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

Although the stock is in the BUY zone, but buying 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 1397.99 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 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.