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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 2025-09-29 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 327256

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Sep 2025	1259.60	1248.00	1263.90	1236.90	0.481 times
26 Fri Sep 2025	1237.70	1263.00	1267.30	1234.00	0.614 times
25 Thu Sep 2025	1263.60	1280.00	1283.60	1259.50	0.841 times
24 Wed Sep 2025	1278.60	1308.20	1313.00	1275.50	0.826 times
23 Tue Sep 2025	1308.20	1308.90	1329.50	1298.60	1.1 times
22 Mon Sep 2025	1306.40	1349.90	1349.90	1303.70	0.739 times
19 Fri Sep 2025	1344.70	1344.90	1356.80	1330.00	0.791 times
18 Thu Sep 2025	1341.20	1361.70	1374.40	1337.00	0.747 times
17 Wed Sep 2025	1361.60	1372.00	1378.00	1350.00	0.87 times
16 Tue Sep 2025	1363.20	1300.50	1368.00	1299.30	3.196 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1263.8, but if it comes above 1263.8, then a intra day buy could be more profitable.
If you take a sell trade below 1263.8, then use 1263.8 as stoploss and 1224.5 as target. However if you take a buy trade in stock , then use 1263.8 as stoploss and 1296.68 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Upside Target	1290.60
Upside Target	1334.40
Upside Target	1349.90
Upside Target	1351.10
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	1243.03
Downside Intraday Target	1226.47
Upside Intraday Target	1270.03
Upside Intraday Target	1280.47
Downside Intraday Target	1253.47

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Sep 2025	1259.60	1248.00	1263.90	1236.90	0.117 times
26 Fri Sep 2025	1237.70	1349.90	1349.90	1234.00	0.701 times
19 Fri Sep 2025	1344.70	1304.00	1378.00	1292.00	2.36 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

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
29 Mon Sep 2025	1259.60	1264.00	1378.00	1234.00	1.09 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mahanagar Gas in short term and the sell signal is strong.

Mahanagar Gas Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mahanagar Gas in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 1322.49 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.