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 2025-08-25 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 230354

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Aug 2025	1323.40	1334.40	1334.50	1320.00	0.344 times
22 Fri Aug 2025	1327.10	1330.10	1337.30	1317.70	0.357 times
21 Thu Aug 2025	1330.10	1340.00	1346.40	1328.60	0.495 times
20 Wed Aug 2025	1339.90	1338.60	1355.30	1332.20	0.732 times
19 Tue Aug 2025	1338.60	1340.00	1346.60	1321.00	0.531 times
18 Mon Aug 2025	1339.70	1334.90	1343.30	1302.70	0.916 times
14 Thu Aug 2025	1313.70	1333.40	1344.10	1310.00	1.264 times
13 Wed Aug 2025	1343.30	1358.10	1369.00	1340.70	0.724 times
12 Tue Aug 2025	1356.80	1342.10	1359.00	1332.50	1.006 times
11 Mon Aug 2025	1337.40	1323.90	1348.40	1314.00	1.654 times

My analysis of stock is bearish for shortterm, and stock might move down till 1308.5 or till 1273.1. Use a stoploss of 1338.09 and if the stock hits stoploss, then it can shoot up till 1367.65

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1230.50
Downside Target	1278.00
Upside Target	1351.10
Upside Target	1355.30
Upside Target	1369.00
Upside Target	1372.90
Upside Target	1407.00
Upside Target	1427.90
Upside Target	1435.40
Upside Target	1525.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1317.43
Downside Intraday Target	1311.47
Upside Intraday Target	1331.93
Upside Intraday Target	1340.47
Upside Intraday Target	1325.97

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Aug 2025	1323.40	1334.40	1334.50	1320.00	0.113 times
22 Fri Aug 2025	1327.10	1334.90	1355.30	1302.70	0.652 times
14 Thu Aug 2025	1313.70	1323.90	1369.00	1310.00	0.58 times
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

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
25 Mon Aug 2025	1323.40	1364.50	1372.90	1278.00	0.253 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

MACD generated a BUY signal for Mahanagar Gas in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 BUY signal in short term and the buying is gaining 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 1335.69 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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.