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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 2025-11-21 View latest technical analysis

10 day averaged volume of Mahanagar Gas is 288808

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Nov 2025	1214.60	1233.00	1233.00	1212.70	0.475 times
20 Thu Nov 2025	1230.10	1223.00	1234.70	1217.50	0.733 times
19 Wed Nov 2025	1222.20	1260.90	1263.50	1216.00	1.266 times
18 Tue Nov 2025	1252.00	1236.80	1259.90	1228.20	1.085 times
17 Mon Nov 2025	1233.20	1249.30	1249.30	1230.00	0.929 times
14 Fri Nov 2025	1253.30	1227.10	1256.00	1227.10	0.931 times
13 Thu Nov 2025	1231.80	1230.00	1239.40	1226.30	0.527 times
12 Wed Nov 2025	1231.00	1229.50	1240.00	1223.20	0.609 times
11 Tue Nov 2025	1220.60	1210.80	1246.40	1210.80	2.195 times
10 Mon Nov 2025	1210.80	1215.60	1226.00	1206.00	0.801 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1221.2, but if it comes above 1221.2, then a intra day buy could be more profitable.
If you take a sell trade below 1221.2, then use 1221.2 as stoploss and 1186 as target. However if you take a buy trade in stock , then use 1221.2 as stoploss and 1250.57 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	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	1197.03
Downside Intraday Target	1179.47
Upside Intraday Target	1247.83
Upside Intraday Target	1281.07
Upside Intraday Target	1230.27

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Nov 2025	1214.60	1249.30	1263.50	1212.70	0.886 times
14 Fri Nov 2025	1253.30	1215.60	1256.00	1206.00	1.636 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

Price has moved down 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
21 Fri Nov 2025	1214.60	1271.00	1286.20	1206.00	0.681 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 getting stronger in this stock.

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 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 1229.68 and Mahanagar Gas (MGL) stock is trading below this level. This means that stock is falling with high volumes. 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 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.