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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 2025-06-19 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 1144662

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	1392.40	1430.00	1430.00	1387.10	0.415 times
18 Wed Jun 2025	1425.60	1440.90	1444.00	1416.20	0.878 times
17 Tue Jun 2025	1433.50	1405.90	1438.80	1400.20	1.119 times
16 Mon Jun 2025	1389.70	1348.90	1391.80	1348.20	0.909 times
13 Fri Jun 2025	1344.50	1341.00	1352.20	1307.10	0.852 times
12 Thu Jun 2025	1370.50	1414.90	1420.00	1367.10	0.482 times
11 Wed Jun 2025	1410.50	1400.00	1426.00	1393.20	0.601 times
10 Tue Jun 2025	1393.80	1426.00	1427.00	1383.60	0.65 times
09 Mon Jun 2025	1416.30	1360.00	1422.00	1341.50	2.627 times
06 Fri Jun 2025	1329.60	1311.10	1340.00	1311.10	0.774 times

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 1402.3 as stoploss in an intra day sell trade for a target of 1361.88. However, stock will show a bullish move above 1402.3.

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
Upside Target	1398.90
Upside Target	1407.00
Upside Target	1407.40
Upside Target	1427.00
Upside Target	1434.20
Upside Target	1435.40
Upside Target	1444.00

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1345.73
Downside Intraday Target	1299.07
Upside Intraday Target	1441.53
Upside Intraday Target	1490.67
Upside Intraday Target	1394.87

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Jun 2025	1392.40	1348.90	1444.00	1348.20	0.637 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
19 Thu Jun 2025	1392.40	1332.90	1444.00	1290.60	1.351 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 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 Weak and stock is losing momentum.

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

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 BUY signal in short term but buying is losing 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 1397.48 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. 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.