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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 2025-03-25 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 359583

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	1365.50	1396.00	1401.45	1359.55	0.64 times
24 Mon Mar 2025	1390.10	1383.00	1407.40	1377.15	1.932 times
21 Fri Mar 2025	1380.00	1369.75	1392.95	1361.00	1.051 times
20 Thu Mar 2025	1369.70	1355.00	1388.90	1344.10	2.163 times
19 Wed Mar 2025	1332.50	1328.00	1346.30	1320.60	0.729 times
18 Tue Mar 2025	1323.90	1313.95	1330.00	1312.60	0.401 times
17 Mon Mar 2025	1311.55	1288.05	1326.00	1283.60	0.852 times
13 Thu Mar 2025	1285.95	1295.00	1306.30	1280.50	0.435 times
12 Wed Mar 2025	1299.50	1287.90	1301.80	1278.00	0.451 times
11 Tue Mar 2025	1287.90	1261.00	1292.45	1242.30	0.88 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1354.5, but if it comes below 1354.5, then a intra day sell could be more profitable.
If you take a sell trade below 1354.5, then use 1354.5 as stoploss and 1308.02 as target. However if you take a buy trade in stock , then use 1354.5 as stoploss and 1410.3 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1075.25
Downside Target	1186.20
Downside Target	1283.60
Downside Target	1339.95
Downside Target	1359.55
Upside Target	1376.30
Upside Target	1385.45
Upside Target	1392.95
Upside Target	1407.40
Upside Target	1460.50

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1347.57
Downside Intraday Target	1329.63
Upside Intraday Target	1395.42
Upside Intraday Target	1425.33
Upside Intraday Target	1377.48

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Mar 2025	1365.50	1383.00	1407.40	1359.55	0.495 times
21 Fri Mar 2025	1380.00	1288.05	1392.95	1283.60	1.809 times
13 Thu Mar 2025	1285.95	1280.00	1307.90	1242.30	0.351 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

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 Mar 2025	1365.50	1260.00	1407.40	1195.55	0.91 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 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 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 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 BUY. Signal strength is Strong 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 coming down

CCI has generated a SELL signal for Mahanagar Gas in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 1350.03 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.