Mobile app version of munafa.org
Login or Join
 Learn then Earn

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 2025-06-17 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 1006135

Date Daily Closing Price Open High Low Volume
17 Tue Jun 2025 1433.50 1405.90 1438.80 1400.20 1.273 times
16 Mon Jun 2025 1389.70 1348.90 1391.80 1348.20 1.035 times
13 Fri Jun 2025 1344.50 1341.00 1352.20 1307.10 0.969 times
12 Thu Jun 2025 1370.50 1414.90 1420.00 1367.10 0.549 times
11 Wed Jun 2025 1410.50 1400.00 1426.00 1393.20 0.684 times
10 Tue Jun 2025 1393.80 1426.00 1427.00 1383.60 0.739 times
09 Mon Jun 2025 1416.30 1360.00 1422.00 1341.50 2.988 times
06 Fri Jun 2025 1329.60 1311.10 1340.00 1311.10 0.88 times
05 Thu Jun 2025 1307.10 1304.10 1332.20 1295.20 1.261 times
04 Wed Jun 2025 1301.00 1318.10 1319.00 1290.60 0.56 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 1439.8, for a target of 1395.1 or 1357.78

Share price targets for Mahanagar Gas (MGL)

Target Type Value
Downside Target 1195.55
Downside Target 1230.50
Downside Target 1290.60
Downside Target 1376.30
Downside Target 1398.90
Downside Target 1407.00
Downside Target 1407.40
Downside Target 1427.00
Upside Target 1434.20
Upside Target 1435.40
Upside Target 1438.80

Intraday share price targets for Mahanagar Gas (MGL)

Target Type Value
Downside Intraday Target 1374.87
Downside Intraday Target 1316.23
Upside Intraday Target 1465.47
Upside Intraday Target 1497.43
Downside Intraday Target 1406.83

Weekly technical analysis of Mahanagar Gas (MGL)

Date Weekly Closing Price Open High Low Volume
17 Tue Jun 2025 1433.50 1348.90 1438.80 1348.20 0.389 times
13 Fri Jun 2025 1344.50 1360.00 1427.00 1307.10 1.507 times
06 Fri Jun 2025 1329.60 1332.90 1376.40 1290.60 1.553 times
30 Fri May 2025 1325.20 1352.70 1398.90 1318.00 1.47 times
23 Fri May 2025 1348.80 1391.40 1434.20 1342.00 0.943 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
17 Tue Jun 2025 1433.50 1332.90 1438.80 1290.60 1.205 times
30 Fri May 2025 1325.20 1346.30 1435.40 1317.70 0.859 times
30 Wed Apr 2025 1346.10 1377.80 1407.00 1230.50 1.541 times
28 Fri Mar 2025 1386.95 1260.00 1407.40 1195.55 1.032 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mahanagar Gas stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mahanagar Gas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1379.78 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.

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mahanagar Gas stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 stronger in this stock.

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mahanagar Gas is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1379.78 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.

Click here for Mahanagar Gas charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme