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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 2025-10-24 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 225021

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	1305.10	1305.00	1306.70	1292.20	0.399 times
23 Thu Oct 2025	1301.80	1297.00	1305.50	1290.10	0.631 times
21 Tue Oct 2025	1290.10	1283.50	1294.20	1283.50	0.125 times
20 Mon Oct 2025	1282.70	1282.00	1293.20	1273.70	0.731 times
17 Fri Oct 2025	1282.30	1306.50	1306.50	1280.00	1.101 times
16 Thu Oct 2025	1298.00	1320.00	1329.00	1293.20	1.349 times
15 Wed Oct 2025	1310.70	1308.80	1315.00	1299.00	1.072 times
14 Tue Oct 2025	1308.40	1300.80	1321.00	1287.00	1.936 times
13 Mon Oct 2025	1294.60	1301.00	1303.70	1277.90	1.379 times
10 Fri Oct 2025	1294.90	1285.00	1302.00	1285.00	0.731 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1305.6 as stoploss in an intra day sell trade for a target of 1287.49. However, stock will show a bullish move above 1305.6.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Downside Target	1272.40
Upside Target	1329.00
Upside Target	1335.40
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	1283.63
Downside Intraday Target	1262.17
Upside Intraday Target	1316.63
Upside Intraday Target	1328.17
Downside Intraday Target	1295.17

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Oct 2025	1305.10	1282.00	1306.70	1273.70	0.276 times
17 Fri Oct 2025	1282.30	1301.00	1329.00	1277.90	0.86 times
10 Fri Oct 2025	1294.90	1285.70	1335.40	1274.00	1.704 times
03 Fri Oct 2025	1281.30	1248.00	1310.00	1236.90	0.779 times
26 Fri Sep 2025	1237.70	1349.90	1349.90	1234.00	0.701 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
24 Fri Oct 2025	1305.10	1305.00	1335.40	1272.40	0.674 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 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 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 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Mahanagar Gas in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 1298.27 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.