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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 2025-10-30 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 169309

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Oct 2025	1271.70	1275.00	1279.50	1260.00	2.021 times
29 Wed Oct 2025	1295.60	1295.00	1301.00	1289.30	0.729 times
28 Tue Oct 2025	1290.90	1289.90	1296.90	1284.10	0.524 times
27 Mon Oct 2025	1281.90	1314.00	1314.00	1278.50	1.559 times
24 Fri Oct 2025	1305.10	1305.00	1306.70	1292.20	0.53 times
23 Thu Oct 2025	1301.80	1297.00	1305.50	1290.10	0.839 times
21 Tue Oct 2025	1290.10	1283.50	1294.20	1283.50	0.166 times
20 Mon Oct 2025	1282.70	1282.00	1293.20	1273.70	0.971 times
17 Fri Oct 2025	1282.30	1306.50	1306.50	1280.00	1.464 times
16 Thu Oct 2025	1298.00	1320.00	1329.00	1293.20	1.793 times

Stock of Mahanagar Gas (MGL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1280.1, but if it comes above 1280.1, then a intra day buy could be more profitable.
If you take a sell trade below 1280.1, then use 1280.1 as stoploss and 1266.1 as target. However if you take a buy trade in stock , then use 1280.1 as stoploss and 1291.69 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Upside Target	1314.00
Upside Target	1329.00
Upside Target	1335.40
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	1249.8
Downside Intraday Target	1227.9
Upside Intraday Target	1303.8
Upside Intraday Target	1335.9
Upside Intraday Target	1281.9

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Oct 2025	1271.70	1314.00	1314.00	1260.00	1.928 times
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

Price has moved down 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
30 Thu Oct 2025	1271.70	1305.00	1335.40	1260.00	0.803 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 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 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.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a short to mid 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.

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 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 coming down

CCI has generated a SELL signal for Mahanagar Gas in short term and SELL signal is strong!

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 1287.06 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.