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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 2025-07-07 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 982342

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Jul 2025	1542.70	1550.00	1554.50	1515.20	0.642 times
04 Fri Jul 2025	1542.40	1508.00	1586.90	1505.00	2.888 times
03 Thu Jul 2025	1508.00	1515.00	1520.50	1503.20	0.196 times
02 Wed Jul 2025	1509.50	1494.20	1521.00	1481.80	0.52 times
01 Tue Jul 2025	1491.20	1485.00	1498.00	1475.00	0.523 times
30 Mon Jun 2025	1483.20	1510.60	1515.00	1472.90	0.849 times
27 Fri Jun 2025	1511.80	1447.10	1525.00	1439.70	2.022 times
26 Thu Jun 2025	1447.10	1447.40	1453.80	1425.40	0.511 times
25 Wed Jun 2025	1445.50	1430.00	1458.00	1428.10	1.723 times
24 Tue Jun 2025	1412.40	1419.00	1436.80	1408.50	0.356 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1500.1, but if it comes below 1500.1, then a intra day sell could be more profitable.
If you take a sell trade below 1500.1, then use 1500.1 as stoploss and 1442.43 as target. However if you take a buy trade in stock , then use 1500.1 as stoploss and 1569.3 as target.

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	1472.90
Downside Target	1475.00
Downside Target	1515.20
Downside Target	1525.00
Upside Target	1554.50
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1520.43
Downside Intraday Target	1498.17
Upside Intraday Target	1559.73
Upside Intraday Target	1576.77
Downside Intraday Target	1537.47

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Jul 2025	1542.70	1550.00	1554.50	1515.20	0.129 times
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

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
07 Mon Jul 2025	1542.70	1485.00	1586.90	1475.00	0.238 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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 1500.9 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.