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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 2025-11-03 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 174979

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Nov 2025	1277.30	1271.00	1286.20	1266.00	0.563 times
31 Fri Oct 2025	1276.90	1267.00	1284.70	1265.20	1.482 times
30 Thu Oct 2025	1271.70	1275.00	1279.50	1260.00	1.955 times
29 Wed Oct 2025	1295.60	1295.00	1301.00	1289.30	0.705 times
28 Tue Oct 2025	1290.90	1289.90	1296.90	1284.10	0.507 times
27 Mon Oct 2025	1281.90	1314.00	1314.00	1278.50	1.509 times
24 Fri Oct 2025	1305.10	1305.00	1306.70	1292.20	0.513 times
23 Thu Oct 2025	1301.80	1297.00	1305.50	1290.10	0.812 times
21 Tue Oct 2025	1290.10	1283.50	1294.20	1283.50	0.161 times
20 Mon Oct 2025	1282.70	1282.00	1293.20	1273.70	0.94 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1279.7, but if it comes above 1279.7, then a intra day buy could be more profitable.
If you take a sell trade below 1279.7, then use 1279.7 as stoploss and 1265.4 as target. However if you take a buy trade in stock , then use 1279.7 as stoploss and 1291.49 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1234.00
Upside Target	1306.70
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	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1266.8
Downside Intraday Target	1256.3
Upside Intraday Target	1287
Upside Intraday Target	1296.7
Downside Intraday Target	1276.5

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Nov 2025	1277.30	1271.00	1286.20	1266.00	0.091 times
31 Fri Oct 2025	1276.90	1314.00	1314.00	1260.00	2.539 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

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
03 Mon Nov 2025	1277.30	1271.00	1286.20	1266.00	0.018 times
31 Fri Oct 2025	1276.90	1305.00	1335.40	1260.00	0.844 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

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 Weak and stock is losing 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 getting stronger in this stock.

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 and selling is picking up 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 1283.47 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.