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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 2025-09-04 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 297844

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Sep 2025	1287.60	1300.30	1334.40	1280.30	2.12 times
03 Wed Sep 2025	1284.90	1282.90	1322.50	1279.20	1.528 times
02 Tue Sep 2025	1276.30	1274.00	1283.50	1258.10	1.19 times
01 Mon Sep 2025	1264.80	1264.00	1270.00	1254.00	0.359 times
29 Fri Aug 2025	1251.80	1265.10	1273.80	1245.10	1.079 times
28 Thu Aug 2025	1274.40	1292.60	1332.50	1270.30	3.43 times
26 Tue Aug 2025	1282.50	1323.00	1324.00	1280.00	0.922 times
25 Mon Aug 2025	1323.40	1334.40	1334.50	1320.00	0.266 times
22 Fri Aug 2025	1327.10	1330.10	1337.30	1317.70	0.276 times
21 Thu Aug 2025	1330.10	1340.00	1346.40	1328.60	0.383 times

Stock of Mahanagar Gas (MGL) has showed a significant upmove. This could be a good time to enter in this stock!

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 1278.8 as stoploss in an intra day buy trade for a target of 1308.82. However, stock will show a bearish move below 1278.8.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1245.10
Upside Target	1334.50
Upside Target	1350.10
Upside Target	1351.10
Upside Target	1355.30
Upside Target	1369.00
Upside Target	1372.90
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	1249.6
Downside Intraday Target	1211.6
Upside Intraday Target	1330
Upside Intraday Target	1372.4
Upside Intraday Target	1292

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Sep 2025	1287.60	1264.00	1334.40	1254.00	0.912 times
29 Fri Aug 2025	1251.80	1334.40	1334.50	1245.10	2.431 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

Price has moved up 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
04 Thu Sep 2025	1287.60	1264.00	1334.40	1254.00	0.282 times
29 Fri Aug 2025	1251.80	1364.50	1372.90	1245.10	0.359 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

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 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 1280.88 and Mahanagar Gas (MGL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.