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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 2025-08-08 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 404201

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Aug 2025	1320.20	1294.00	1328.00	1290.80	1.323 times
07 Thu Aug 2025	1291.20	1285.00	1303.50	1278.00	0.62 times
06 Wed Aug 2025	1292.70	1296.10	1314.00	1283.00	0.473 times
05 Tue Aug 2025	1299.70	1350.00	1350.10	1284.00	1.633 times
04 Mon Aug 2025	1334.10	1339.90	1346.40	1313.10	0.515 times
01 Fri Aug 2025	1337.40	1364.50	1372.90	1335.00	0.45 times
31 Thu Jul 2025	1358.10	1391.10	1405.90	1351.10	1.546 times
30 Wed Jul 2025	1412.40	1394.50	1427.90	1382.00	1.044 times
29 Tue Jul 2025	1389.10	1380.50	1418.90	1380.10	1.498 times
28 Mon Jul 2025	1376.80	1370.90	1418.00	1361.10	0.937 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1330, but if it comes above 1330, then a intra day buy could be more profitable.
If you take a sell trade below 1330, then use 1330 as stoploss and 1236.1 as target. However if you take a buy trade in stock , then use 1330 as stoploss and 1408.27 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1230.50
Downside Target	1278.00
Downside Target	1317.70
Upside Target	1407.00
Upside Target	1435.40
Upside Target	1459.20
Upside Target	1460.10
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	1282.1
Downside Intraday Target	1244
Upside Intraday Target	1354.2
Upside Intraday Target	1388.2
Downside Intraday Target	1316.1

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Aug 2025	1320.20	1339.90	1350.10	1278.00	0.834 times
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

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
08 Fri Aug 2025	1320.20	1364.50	1372.90	1278.00	0.132 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mahanagar Gas stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mahanagar Gas in short term but BUY signal is weak.

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 1346.25 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 negative.

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