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 2025-03-06 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 398864

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	1336.50	1303.95	1339.95	1285.35	2.051 times
05 Wed Mar 2025	1280.40	1216.70	1289.55	1216.70	1.165 times
04 Tue Mar 2025	1213.85	1221.00	1229.60	1195.55	0.617 times
03 Mon Mar 2025	1235.40	1260.00	1266.70	1216.35	1.139 times
28 Fri Feb 2025	1237.50	1304.05	1309.95	1233.00	1.367 times
27 Thu Feb 2025	1311.30	1322.10	1329.65	1285.35	1.234 times
25 Tue Feb 2025	1319.20	1305.00	1327.90	1304.15	0.674 times
24 Mon Feb 2025	1317.00	1313.00	1324.10	1296.90	0.634 times
21 Fri Feb 2025	1334.45	1332.55	1365.85	1325.75	0.784 times
20 Thu Feb 2025	1342.55	1296.65	1347.95	1280.65	1.527 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 bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1338.2 as stoploss in an intra day sell trade for a target of 1298.52. However, stock will show a bullish move above 1338.2.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1075.25
Downside Target	1186.20
Downside Target	1289.10
Upside Target	1339.95
Upside Target	1357.95
Upside Target	1365.85
Upside Target	1376.30
Upside Target	1385.45
Upside Target	1460.50

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1241.38
Downside Intraday Target	1146.27
Upside Intraday Target	1385.78
Upside Intraday Target	1435.07
Downside Intraday Target	1290.67

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Mar 2025	1336.50	1260.00	1339.95	1195.55	1.272 times
28 Fri Feb 2025	1237.50	1313.00	1329.65	1233.00	0.719 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

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
06 Thu Mar 2025	1336.50	1260.00	1339.95	1195.55	0.267 times
28 Fri Feb 2025	1237.50	1345.05	1376.30	1205.75	0.332 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

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 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 in or above 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 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 1297.28 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.