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 2025-03-11 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 489935

Date	Daily Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	1287.90	1261.00	1292.45	1242.30	0.646 times
10 Mon Mar 2025	1278.65	1280.00	1307.90	1270.50	0.812 times
07 Fri Mar 2025	1284.00	1325.15	1334.00	1271.30	1.958 times
06 Thu Mar 2025	1336.50	1303.95	1339.95	1285.35	1.67 times
05 Wed Mar 2025	1280.40	1216.70	1289.55	1216.70	0.948 times
04 Tue Mar 2025	1213.85	1221.00	1229.60	1195.55	0.502 times
03 Mon Mar 2025	1235.40	1260.00	1266.70	1216.35	0.927 times
28 Fri Feb 2025	1237.50	1304.05	1309.95	1233.00	1.113 times
27 Thu Feb 2025	1311.30	1322.10	1329.65	1285.35	1.005 times
25 Tue Feb 2025	1319.20	1305.00	1327.90	1304.15	0.549 times

My analysis of stock is bearish for shortterm, and stock might move down till 1254.9 or till 1213.5. Use a stoploss of 1289.41 and if the stock hits stoploss, then it can shoot up till 1323.93

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1075.25
Downside Target	1186.20
Upside Target	1307.90
Upside Target	1329.65
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	1250.83
Downside Intraday Target	1213.77
Upside Intraday Target	1316.43
Upside Intraday Target	1344.97
Downside Intraday Target	1279.37

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Tue Mar 2025	1287.90	1280.00	1307.90	1242.30	0.243 times
07 Fri Mar 2025	1284.00	1260.00	1339.95	1195.55	1.887 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

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
11 Tue Mar 2025	1287.90	1260.00	1339.95	1195.55	0.492 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

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. Bulls are getting tired and bears 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 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 1283.72 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 positive

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