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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 2025-07-04 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 720537

Date	Daily Closing Price	Open	High	Low	Volume
04 Fri Jul 2025	1542.40	1508.00	1586.90	1505.00	3.938 times
03 Thu Jul 2025	1508.00	1515.00	1520.50	1503.20	0.267 times
02 Wed Jul 2025	1509.50	1494.20	1521.00	1481.80	0.709 times
01 Tue Jul 2025	1491.20	1485.00	1498.00	1475.00	0.713 times
30 Mon Jun 2025	1483.20	1510.60	1515.00	1472.90	1.158 times
27 Fri Jun 2025	1511.80	1447.10	1525.00	1439.70	2.756 times
26 Thu Jun 2025	1447.10	1447.40	1453.80	1425.40	0.697 times
25 Wed Jun 2025	1445.50	1430.00	1458.00	1428.10	2.348 times
24 Tue Jun 2025	1412.40	1419.00	1436.80	1408.50	0.486 times
23 Mon Jun 2025	1399.40	1388.00	1404.60	1366.10	0.561 times

Stock of Mahanagar Gas (MGL) has showed a significant upmove. This could be a good time to enter in this stock!

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 1552.9, for a target of 1489.2 or 1436.11

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1348.20
Downside Target	1407.00
Downside Target	1444.00
Downside Target	1472.90
Downside Target	1475.00
Downside Target	1525.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1481.23
Downside Intraday Target	1420.07
Upside Intraday Target	1595.23
Upside Intraday Target	1648.07
Downside Intraday Target	1534.07

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Fri Jul 2025	1542.40	1510.60	1586.90	1472.90	0.991 times
27 Fri Jun 2025	1511.80	1388.00	1525.00	1366.10	1.227 times
20 Fri Jun 2025	1394.80	1348.90	1444.00	1348.20	0.674 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

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
04 Fri Jul 2025	1542.40	1485.00	1586.90	1475.00	0.206 times
30 Mon Jun 2025	1483.20	1332.90	1525.00	1290.60	1.941 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

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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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

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 1494.04 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.