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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 2025-10-01 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 265589

Date	Daily Closing Price	Open	High	Low	Volume
01 Wed Oct 2025	1277.00	1305.00	1310.00	1272.40	0.929 times
30 Tue Sep 2025	1295.10	1259.10	1297.00	1254.80	1.363 times
29 Mon Sep 2025	1259.60	1248.00	1263.90	1236.90	0.593 times
26 Fri Sep 2025	1237.70	1263.00	1267.30	1234.00	0.756 times
25 Thu Sep 2025	1263.60	1280.00	1283.60	1259.50	1.036 times
24 Wed Sep 2025	1278.60	1308.20	1313.00	1275.50	1.018 times
23 Tue Sep 2025	1308.20	1308.90	1329.50	1298.60	1.355 times
22 Mon Sep 2025	1306.40	1349.90	1349.90	1303.70	0.911 times
19 Fri Sep 2025	1344.70	1344.90	1356.80	1330.00	0.974 times
18 Thu Sep 2025	1341.20	1361.70	1374.40	1337.00	0.921 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1264.5 as stoploss in an intra day buy trade for a target of 1297.23. However, stock will show a bearish move below 1264.5.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Upside Target	1310.00
Upside Target	1334.40
Upside Target	1349.90
Upside Target	1351.10
Upside Target	1372.90
Upside Target	1378.00
Upside Target	1525.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1239.27
Downside Intraday Target	1201.53
Upside Intraday Target	1312.37
Upside Intraday Target	1347.73
Downside Intraday Target	1274.63

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Wed Oct 2025	1277.00	1248.00	1310.00	1236.90	0.568 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
01 Wed Oct 2025	1277.00	1305.00	1310.00	1272.40	0.039 times
30 Tue Sep 2025	1295.10	1264.00	1378.00	1234.00	1.156 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

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

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 weakening, and bulls are picking up momentum!

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

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1293.89 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.