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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 2025-08-01 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 742960

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Aug 2025	1337.40	1364.50	1372.90	1335.00	0.245 times
31 Thu Jul 2025	1358.10	1391.10	1405.90	1351.10	0.841 times
30 Wed Jul 2025	1412.40	1394.50	1427.90	1382.00	0.568 times
29 Tue Jul 2025	1389.10	1380.50	1418.90	1380.10	0.815 times
28 Mon Jul 2025	1376.80	1370.90	1418.00	1361.10	0.51 times
25 Fri Jul 2025	1379.80	1431.40	1435.90	1375.40	0.698 times
24 Thu Jul 2025	1428.50	1480.20	1483.40	1411.50	1.808 times
23 Wed Jul 2025	1483.40	1492.00	1504.30	1468.00	0.887 times
22 Tue Jul 2025	1486.30	1518.00	1562.00	1470.10	3.111 times
21 Mon Jul 2025	1512.30	1511.20	1519.40	1500.10	0.245 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 1327, for a target of 1397.9 or 1456.99

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1317.70
Upside Target	1407.00
Upside Target	1460.10
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	1305.63
Downside Intraday Target	1273.87
Upside Intraday Target	1398.53
Upside Intraday Target	1459.67
Upside Intraday Target	1366.77

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Aug 2025	1337.40	1370.90	1427.90	1335.00	0.441 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
01 Fri Aug 2025	1337.40	1364.50	1372.90	1335.00	0.012 times
31 Thu Jul 2025	1358.10	1485.00	1586.90	1351.10	0.777 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

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahanagar Gas in short term and the sell signal is strong.

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 red color and prices are below the red 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 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 1435.28 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.