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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 2025-02-25 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 385509

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	1319.20	1305.00	1327.90	1304.15	0.697 times
24 Mon Feb 2025	1317.00	1313.00	1324.10	1296.90	0.656 times
21 Fri Feb 2025	1334.45	1332.55	1365.85	1325.75	0.811 times
20 Thu Feb 2025	1342.55	1296.65	1347.95	1280.65	1.58 times
19 Wed Feb 2025	1293.65	1277.00	1307.50	1277.00	0.89 times
18 Tue Feb 2025	1301.40	1277.80	1306.85	1269.00	1.295 times
17 Mon Feb 2025	1277.40	1239.00	1281.00	1205.75	1.046 times
14 Fri Feb 2025	1239.60	1299.45	1317.55	1225.95	1 times
13 Thu Feb 2025	1298.05	1301.85	1318.00	1291.55	0.73 times
12 Wed Feb 2025	1301.85	1291.15	1319.40	1256.05	1.058 times

My analysis of stock is bullish for shortterm, and stock might move up till 1347.9 or till 1386.7. Use a stoploss of 1315.54 and if this stock hits its stoploss, then it can fall down till 1283.21

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1075.25
Downside Target	1186.20
Downside Target	1289.10
Upside Target	1357.95
Upside Target	1365.85
Upside Target	1376.30
Upside Target	1385.45
Upside Target	1390.55
Upside Target	1460.50
Upside Target	1958.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1301.43
Downside Intraday Target	1283.67
Upside Intraday Target	1332.43
Upside Intraday Target	1345.67
Downside Intraday Target	1314.67

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	1319.20	1313.00	1327.90	1296.90	0.241 times
21 Fri Feb 2025	1334.45	1239.00	1365.85	1205.75	1.26 times
14 Fri Feb 2025	1239.60	1355.55	1357.95	1225.95	0.865 times
07 Fri Feb 2025	1359.50	1345.05	1376.30	1289.10	0.256 times
31 Fri Jan 2025	1379.85	1268.00	1385.45	1239.55	4.298 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 Tue Feb 2025	1319.20	1345.05	1376.30	1205.75	0.286 times
31 Fri Jan 2025	1379.85	1280.00	1385.45	1214.60	1.552 times
31 Tue Dec 2024	1284.40	1205.00	1309.50	1186.20	0.81 times
29 Fri Nov 2024	1191.75	1448.00	1460.50	1075.25	1.035 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 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 short to mid 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 mid to longer 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.

ADX buy sell signal for Mahanagar Gas stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Mahanagar Gas Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing 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 1303.32 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 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 positive

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