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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 2025-07-22 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 376430

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	1486.30	1518.00	1562.00	1470.10	6.14 times
21 Mon Jul 2025	1512.30	1511.20	1519.40	1500.10	0.484 times
18 Fri Jul 2025	1511.20	1524.00	1535.60	1505.10	1.018 times
17 Thu Jul 2025	1522.80	1481.00	1525.90	1481.00	2.761 times
16 Wed Jul 2025	1478.90	1483.00	1488.90	1465.20	0.673 times
15 Tue Jul 2025	1474.60	1466.00	1481.50	1463.50	0.375 times
14 Mon Jul 2025	1475.90	1484.90	1484.90	1460.10	0.815 times
11 Fri Jul 2025	1486.20	1476.00	1497.70	1472.00	0.73 times
10 Thu Jul 2025	1482.20	1493.00	1495.60	1459.20	1.025 times
09 Wed Jul 2025	1488.70	1512.40	1515.70	1485.00	0.928 times

Stock of Mahanagar Gas (MGL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 1470 or till 1439.3. Use a stoploss of 1495.65 and if the stock hits stoploss, then it can shoot up till 1521.25

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1317.70
Downside Target	1366.10
Downside Target	1407.00
Upside Target	1525.00
Upside Target	1535.60
Upside Target	1556.00
Upside Target	1562.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1450.27
Downside Intraday Target	1414.23
Upside Intraday Target	1542.17
Upside Intraday Target	1598.03
Upside Intraday Target	1506.13

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Jul 2025	1486.30	1511.20	1562.00	1470.10	1.174 times
18 Fri Jul 2025	1511.20	1484.90	1535.60	1460.10	1.017 times
11 Fri Jul 2025	1486.20	1550.00	1556.00	1459.20	0.427 times
04 Fri Jul 2025	1542.40	1510.60	1586.90	1472.90	0.991 times
27 Fri Jun 2025	1511.80	1388.00	1525.00	1366.10	1.227 times

Price has moved down 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
22 Tue Jul 2025	1486.30	1485.00	1586.90	1459.20	0.546 times
30 Mon Jun 2025	1483.20	1332.90	1525.00	1290.60	1.941 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

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 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 SELL signal for Mahanagar Gas in short term but the sell signal is initial and weak.

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. Bears are getting stronger in this stock.

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 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 1494.25 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.