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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 2025-07-23 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 562764

Date	Daily Closing Price	Open	High	Low	Volume
23 Wed Jul 2025	1483.40	1492.00	1504.30	1468.00	1.172 times
22 Tue Jul 2025	1486.30	1518.00	1562.00	1470.10	4.107 times
21 Mon Jul 2025	1512.30	1511.20	1519.40	1500.10	0.324 times
18 Fri Jul 2025	1511.20	1524.00	1535.60	1505.10	0.681 times
17 Thu Jul 2025	1522.80	1481.00	1525.90	1481.00	1.847 times
16 Wed Jul 2025	1478.90	1483.00	1488.90	1465.20	0.45 times
15 Tue Jul 2025	1474.60	1466.00	1481.50	1463.50	0.251 times
14 Mon Jul 2025	1475.90	1484.90	1484.90	1460.10	0.545 times
11 Fri Jul 2025	1486.20	1476.00	1497.70	1472.00	0.488 times
10 Thu Jul 2025	1482.20	1493.00	1495.60	1459.20	0.686 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 1474.4 as stoploss in an intra day buy trade for a target of 1497.54. However, stock will show a bearish move below 1474.4.

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	1446.93
Downside Intraday Target	1410.47
Upside Intraday Target	1540.93
Upside Intraday Target	1598.47
Upside Intraday Target	1504.47

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Wed Jul 2025	1483.40	1511.20	1562.00	1468.00	1.485 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
23 Wed Jul 2025	1483.40	1485.00	1586.90	1459.20	0.579 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 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 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 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 losing 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 1493.37 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.