Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2025-07-28 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 713907

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	1376.80	1370.90	1418.00	1361.10	0.531 times
25 Fri Jul 2025	1379.80	1431.40	1435.90	1375.40	0.727 times
24 Thu Jul 2025	1428.50	1480.20	1483.40	1411.50	1.882 times
23 Wed Jul 2025	1483.40	1492.00	1504.30	1468.00	0.923 times
22 Tue Jul 2025	1486.30	1518.00	1562.00	1470.10	3.238 times
21 Mon Jul 2025	1512.30	1511.20	1519.40	1500.10	0.255 times
18 Fri Jul 2025	1511.20	1524.00	1535.60	1505.10	0.537 times
17 Thu Jul 2025	1522.80	1481.00	1525.90	1481.00	1.456 times
16 Wed Jul 2025	1478.90	1483.00	1488.90	1465.20	0.355 times
15 Tue Jul 2025	1474.60	1466.00	1481.50	1463.50	0.198 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1389.3, for a target of 1441.3 or 1484.69

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	1361.10
Upside Target	1407.00
Upside Target	1472.90
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	1352.6
Downside Intraday Target	1328.4
Upside Intraday Target	1409.5
Upside Intraday Target	1442.2
Upside Intraday Target	1385.3

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	1376.80	1370.90	1418.00	1361.10	0.076 times
25 Fri Jul 2025	1379.80	1511.20	1562.00	1375.40	2.362 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

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
28 Mon Jul 2025	1376.80	1485.00	1586.90	1361.10	0.693 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 down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

ADX buy sell signal for Mahanagar Gas stock for short term is SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1468.6 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 negative.

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