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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)

10 day averaged volume of Mahanagar Gas is 697725

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Jul 2025	1475.90	1484.90	1484.90	1460.10	0.44 times
11 Fri Jul 2025	1486.20	1476.00	1497.70	1472.00	0.394 times
10 Thu Jul 2025	1482.20	1493.00	1495.60	1459.20	0.553 times
09 Wed Jul 2025	1488.70	1512.40	1515.70	1485.00	0.501 times
08 Tue Jul 2025	1512.40	1556.00	1556.00	1507.30	0.642 times
07 Mon Jul 2025	1542.70	1550.00	1554.50	1515.20	0.903 times
04 Fri Jul 2025	1542.40	1508.00	1586.90	1505.00	4.067 times
03 Thu Jul 2025	1508.00	1515.00	1520.50	1503.20	0.276 times
02 Wed Jul 2025	1509.50	1494.20	1521.00	1481.80	0.732 times
01 Tue Jul 2025	1491.20	1485.00	1498.00	1475.00	0.736 times

My analysis of stock is bullish for shortterm, and stock might move up till 1515.6 or till 1571.1. Use a stoploss of 1469.25 and if this stock hits its stoploss, then it can fall down till 1422.94

Share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Target	1195.55
Downside Target	1230.50
Downside Target	1290.60
Downside Target	1317.70
Downside Target	1348.20
Downside Target	1407.00
Downside Target	1472.90
Upside Target	1484.90
Upside Target	1525.00
Upside Target	1556.00
Upside Target	1586.90

Intraday share price targets for Mahanagar Gas (MGL)

Target Type	Value
Downside Intraday Target	1462.37
Downside Intraday Target	1448.83
Upside Intraday Target	1487.17
Upside Intraday Target	1498.43
Downside Intraday Target	1473.63

Weekly technical analysis of Mahanagar Gas (MGL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Jul 2025	1475.90	1484.90	1484.90	1460.10	0.147 times
11 Fri Jul 2025	1486.20	1550.00	1556.00	1459.20	0.427 times
04 Fri Jul 2025	1542.40	1510.60	1586.90	1472.90	0.991 times
27 Fri Jun 2025	1511.80	1388.00	1525.00	1366.10	1.227 times
20 Fri Jun 2025	1394.80	1348.90	1444.00	1348.20	0.674 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
14 Mon Jul 2025	1475.90	1485.00	1586.90	1459.20	0.327 times
30 Mon Jun 2025	1483.20	1332.90	1525.00	1290.60	1.941 times
30 Fri May 2025	1325.20	1346.30	1435.40	1317.70	0.859 times
30 Wed Apr 2025	1346.10	1377.80	1407.00	1230.50	1.541 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mahanagar Gas ( (MGL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mahanagar Gas stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mahanagar Gas in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 1520.56 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.