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 2025-09-18 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 306315

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	1341.20	1361.70	1374.40	1337.00	0.798 times
17 Wed Sep 2025	1361.60	1372.00	1378.00	1350.00	0.929 times
16 Tue Sep 2025	1363.20	1300.50	1368.00	1299.30	3.415 times
15 Mon Sep 2025	1300.50	1304.00	1306.80	1292.00	0.295 times
12 Fri Sep 2025	1302.70	1302.00	1307.70	1294.80	0.529 times
11 Thu Sep 2025	1301.30	1290.00	1307.50	1284.00	0.664 times
10 Wed Sep 2025	1287.00	1282.20	1293.50	1274.20	0.682 times
09 Tue Sep 2025	1270.30	1277.70	1281.60	1262.00	0.34 times
08 Mon Sep 2025	1276.80	1288.50	1290.50	1272.00	0.447 times
05 Fri Sep 2025	1281.40	1294.90	1296.70	1268.30	0.638 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 1330.3, but if it comes below 1330.3, then a intra day sell could be more profitable.
If you take a sell trade below 1330.3, then use 1330.3 as stoploss and 1299.45 as target. However if you take a buy trade in stock , then use 1330.3 as stoploss and 1367.4 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1245.10
Downside Target	1290.60
Downside Target	1334.50
Upside Target	1351.10
Upside Target	1355.30
Upside Target	1372.90
Upside Target	1378.00
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	1296.13
Downside Intraday Target	1251.07
Upside Intraday Target	1382.13
Upside Intraday Target	1423.07
Downside Intraday Target	1337.07

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	1341.20	1304.00	1378.00	1292.00	2.043 times
12 Fri Sep 2025	1302.70	1288.50	1307.70	1262.00	0.468 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mahanagar Gas (MGL)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Sep 2025	1341.20	1264.00	1378.00	1254.00	0.769 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 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 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 BUY. Signal strength is Strong and stock is losing 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 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 red color and prices are in or above the red 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

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 1330.58 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.