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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 174165

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	1274.40	1292.60	1332.50	1270.30	5.866 times
26 Tue Aug 2025	1282.50	1323.00	1324.00	1280.00	1.577 times
25 Mon Aug 2025	1323.40	1334.40	1334.50	1320.00	0.455 times
22 Fri Aug 2025	1327.10	1330.10	1337.30	1317.70	0.472 times
21 Thu Aug 2025	1330.10	1340.00	1346.40	1328.60	0.655 times
20 Wed Aug 2025	1339.90	1338.60	1355.30	1332.20	0.968 times
19 Tue Aug 2025	1338.60	1340.00	1346.60	1321.00	0.702 times
18 Mon Aug 2025	1339.70	1334.90	1343.30	1302.70	1.212 times
14 Thu Aug 2025	1313.70	1333.40	1344.10	1310.00	1.672 times
13 Wed Aug 2025	1343.30	1358.10	1369.00	1340.70	0.957 times

Stock of Mahanagar Gas (MGL) has showed a significant fall. This could be a good time to exit from this stock.

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 1261, for a target of 1297.4 or 1327.64

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1230.50
Downside Target	1270.30
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	1251.63
Downside Intraday Target	1228.87
Upside Intraday Target	1315.83
Upside Intraday Target	1357.27
Upside Intraday Target	1293.07

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Aug 2025	1274.40	1334.40	1334.50	1270.30	1.97 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
28 Thu Aug 2025	1274.40	1364.50	1372.90	1270.30	0.338 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 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 and the buying is gaining 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 1303 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.