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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 2025-06-25 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 699083

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	1445.50	1430.00	1458.00	1428.10	2.421 times
24 Tue Jun 2025	1412.40	1419.00	1436.80	1408.50	0.501 times
23 Mon Jun 2025	1399.40	1388.00	1404.60	1366.10	0.579 times
20 Fri Jun 2025	1394.80	1392.40	1414.40	1387.80	0.314 times
19 Thu Jun 2025	1392.40	1430.00	1430.00	1387.10	0.68 times
18 Wed Jun 2025	1425.60	1440.90	1444.00	1416.20	1.438 times
17 Tue Jun 2025	1433.50	1405.90	1438.80	1400.20	1.833 times
16 Mon Jun 2025	1389.70	1348.90	1391.80	1348.20	1.489 times
13 Fri Jun 2025	1344.50	1341.00	1352.20	1307.10	1.395 times
12 Thu Jun 2025	1370.50	1414.90	1420.00	1367.10	0.789 times

Stock of Mahanagar Gas (MGL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1419.9, but if it comes below 1419.9, then a intra day sell could be more profitable.
If you take a sell trade below 1419.9, then use 1419.9 as stoploss and 1375.36 as target. However if you take a buy trade in stock , then use 1419.9 as stoploss and 1473.4 as target.

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
Downside Target	1407.00
Downside Target	1407.40
Downside Target	1427.00
Downside Target	1435.40
Downside Target	1444.00
Upside Target	1458.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1388.4
Downside Intraday Target	1331.3
Upside Intraday Target	1480.3
Upside Intraday Target	1515.1
Downside Intraday Target	1423.2

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Jun 2025	1445.50	1388.00	1458.00	1366.10	0.608 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
25 Wed Jun 2025	1445.50	1332.90	1458.00	1290.60	1.614 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, and volume has increased substantially. This means that the move can 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 Weak 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 BUY signal in short term and the buying is gaining 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 1407.99 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 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.