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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 2025-09-09 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 357759

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Sep 2025	1270.30	1277.70	1281.60	1262.00	0.291 times
08 Mon Sep 2025	1276.80	1288.50	1290.50	1272.00	0.383 times
05 Fri Sep 2025	1281.40	1294.90	1296.70	1268.30	0.547 times
04 Thu Sep 2025	1287.60	1300.30	1334.40	1280.30	1.765 times
03 Wed Sep 2025	1284.90	1282.90	1322.50	1279.20	1.272 times
02 Tue Sep 2025	1276.30	1274.00	1283.50	1258.10	0.991 times
01 Mon Sep 2025	1264.80	1264.00	1270.00	1254.00	0.299 times
29 Fri Aug 2025	1251.80	1265.10	1273.80	1245.10	0.899 times
28 Thu Aug 2025	1274.40	1292.60	1332.50	1270.30	2.856 times
26 Tue Aug 2025	1282.50	1323.00	1324.00	1280.00	0.768 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1273.2, but if it comes above 1273.2, then a intra day buy could be more profitable.
If you take a sell trade below 1273.2, then use 1273.2 as stoploss and 1235 as target. However if you take a buy trade in stock , then use 1273.2 as stoploss and 1305.04 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1245.10
Upside Target	1290.50
Upside Target	1334.40
Upside Target	1334.50
Upside Target	1351.10
Upside Target	1355.30
Upside Target	1369.00
Upside Target	1372.90
Upside Target	1435.40
Upside Target	1525.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1258.03
Downside Intraday Target	1245.77
Upside Intraday Target	1286.53
Upside Intraday Target	1302.77
Upside Intraday Target	1274.27

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Sep 2025	1270.30	1288.50	1290.50	1262.00	0.138 times
05 Fri Sep 2025	1281.40	1264.00	1334.40	1254.00	1.028 times
29 Fri Aug 2025	1251.80	1334.40	1334.50	1245.10	2.431 times
22 Fri Aug 2025	1327.10	1334.90	1355.30	1302.70	0.652 times
14 Thu Aug 2025	1313.70	1323.90	1369.00	1310.00	0.58 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
09 Tue Sep 2025	1270.30	1264.00	1334.40	1254.00	0.361 times
29 Fri Aug 2025	1251.80	1364.50	1372.90	1245.10	0.359 times
31 Thu Jul 2025	1358.10	1485.00	1586.90	1351.10	0.777 times
30 Mon Jun 2025	1483.20	1332.90	1525.00	1290.60	1.941 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mahanagar Gas stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mahanagar Gas in short term and SELL 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 1276.9 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.