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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 2025-11-12 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 257297

Date	Daily Closing Price	Open	High	Low	Volume
12 Wed Nov 2025	1231.00	1229.50	1240.00	1223.20	0.684 times
11 Tue Nov 2025	1220.60	1210.80	1246.40	1210.80	2.463 times
10 Mon Nov 2025	1210.80	1215.60	1226.00	1206.00	0.9 times
07 Fri Nov 2025	1215.60	1234.90	1236.00	1209.90	1.036 times
06 Thu Nov 2025	1232.70	1264.10	1267.00	1225.10	1.287 times
04 Tue Nov 2025	1264.10	1277.30	1284.00	1261.00	0.77 times
03 Mon Nov 2025	1277.30	1271.00	1286.20	1266.00	0.383 times
31 Fri Oct 2025	1276.90	1267.00	1284.70	1265.20	1.008 times
30 Thu Oct 2025	1271.70	1275.00	1279.50	1260.00	1.33 times
29 Wed Oct 2025	1295.60	1295.00	1301.00	1289.30	0.48 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1240.8, but if it comes above 1240.8, then a intra day buy could be more profitable.
If you take a sell trade below 1240.8, then use 1240.8 as stoploss and 1202.9 as target. However if you take a buy trade in stock , then use 1240.8 as stoploss and 1272.41 as target.

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1206.00
Upside Target	1286.20
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	1209.2
Downside Intraday Target	1187.4
Upside Intraday Target	1249.6
Upside Intraday Target	1268.2
Downside Intraday Target	1227.8

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Wed Nov 2025	1231.00	1215.60	1246.40	1206.00	1.165 times
07 Fri Nov 2025	1215.60	1271.00	1286.20	1209.90	0.83 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

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
12 Wed Nov 2025	1231.00	1271.00	1286.20	1206.00	0.361 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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 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 1242.32 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.