Stock analysis Mahanagar Gas MGL
More indepth analysis on MunafaSutra.com
Recent prices of MGL Mahanagar Gas are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Wed Apr 2024 | 1422.35 | 1397.75 to 1424.65 | 1.06% | 0.5 times |
| 23 Tue Apr 2024 | 1407.40 | 1382.00 to 1418.80 | 1.71% | 0.58 times |
| 22 Mon Apr 2024 | 1383.70 | 1370.00 to 1405.30 | -0.55% | 1.14 times |
| 19 Fri Apr 2024 | 1391.35 | 1367.20 to 1401.40 | -0.7% | 0.68 times |
| 18 Thu Apr 2024 | 1401.20 | 1394.95 to 1489.00 | -4.32% | 1.65 times |
| 16 Tue Apr 2024 | 1464.45 | 1440.00 to 1475.00 | 0.73% | 0.92 times |
| 15 Mon Apr 2024 | 1453.90 | 1404.00 to 1485.00 | 1.76% | 2.29 times |
| 12 Fri Apr 2024 | 1428.70 | 1425.55 to 1461.50 | -1.89% | 0.42 times |
| 10 Wed Apr 2024 | 1456.25 | 1452.00 to 1480.95 | -0.01% | 0.47 times |
| 09 Tue Apr 2024 | 1456.40 | 1450.00 to 1488.90 | -1.8% | 0.67 times |
| 08 Mon Apr 2024 | 1483.10 | 1436.55 to 1487.00 | 2.98% | 1.19 times |
| 05 Fri Apr 2024 | 1440.20 | 1390.00 to 1470.80 | 3.24% | 3.05 times |
Technical analysis forecast of Mahanagar Gas Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mahanagar Gas MGL at this time. Stock is rising and might rise more.
It appears as if Mahanagar Gas MGL gave a large move recently.
Stock of Mahanagar Gas (MGL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Mahanagar Gas is bullish for shortterm, and stock might move up till 1446.6 or till 1492.7. Use a stoploss of 1408.21 and if this stock hits its stoploss, then it can fall down till 1369.8