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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)

10 day averaged volume of Mahanagar Gas is 253160

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Aug 2025	1251.80	1265.10	1273.80	1245.10	1.27 times
28 Thu Aug 2025	1274.40	1292.60	1332.50	1270.30	4.036 times
26 Tue Aug 2025	1282.50	1323.00	1324.00	1280.00	1.085 times
25 Mon Aug 2025	1323.40	1334.40	1334.50	1320.00	0.313 times
22 Fri Aug 2025	1327.10	1330.10	1337.30	1317.70	0.325 times
21 Thu Aug 2025	1330.10	1340.00	1346.40	1328.60	0.451 times
20 Wed Aug 2025	1339.90	1338.60	1355.30	1332.20	0.666 times
19 Tue Aug 2025	1338.60	1340.00	1346.60	1321.00	0.483 times
18 Mon Aug 2025	1339.70	1334.90	1343.30	1302.70	0.834 times
14 Thu Aug 2025	1313.70	1333.40	1344.10	1310.00	1.15 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 1258.2, for a target of 1291.7 or 1319.61

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1230.50
Upside 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	1219.77
Downside Intraday Target	1187.73
Upside Intraday Target	1309.17
Upside Intraday Target	1366.53
Upside Intraday Target	1277.13

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
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
01 Fri Aug 2025	1337.40	1370.90	1427.90	1335.00	0.441 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahanagar Gas (MGL)

Date	Monthly Closing Price	Open	High	Low	Volume
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
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 BUY signal in short term but buying is losing 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 1294.37 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.