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Stock analysis Mahanagar Gas MGL

More indepth analysis on MunafaSutra.com

Moving Averages for Mahanagar Gas

  • 5Day Average: 1488.56
  • 12Day Average: 1445.53
  • 20Day Average: 1415.42
  • 50Day Average: 1380.22
  • 100Day Average: 1347.76
  • 150Day Average: 1321.41
  • 200Day Average: 1395.4

MGL Indicators & signals

Indicator MACD (12,26,9)

1452.12, 1416.79, 24.55
Indicator MACD is in positive zone

Indicator ADX (14)

37.3, 35.22, 16.08
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MGL Mahanagar Gas are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
02 Wed Jul 2025 1509.50 1481.80 to 1521.00 1.23% 0.64 times
01 Tue Jul 2025 1491.20 1475.00 to 1498.00 0.54% 0.64 times
30 Mon Jun 2025 1483.20 1472.90 to 1515.00 -1.89% 1.05 times
27 Fri Jun 2025 1511.80 1439.70 to 1525.00 4.47% 2.49 times
26 Thu Jun 2025 1447.10 1425.40 to 1453.80 0.11% 0.63 times
25 Wed Jun 2025 1445.50 1428.10 to 1458.00 2.34% 2.12 times
24 Tue Jun 2025 1412.40 1408.50 to 1436.80 0.93% 0.44 times
23 Mon Jun 2025 1399.40 1366.10 to 1404.60 0.33% 0.51 times
20 Fri Jun 2025 1394.80 1387.80 to 1414.40 0.17% 0.27 times
19 Thu Jun 2025 1392.40 1387.10 to 1430.00 -2.33% 0.6 times
18 Wed Jun 2025 1425.60 1416.20 to 1444.00 -0.55% 1.26 times
17 Tue Jun 2025 1433.50 1400.20 to 1438.80 3.15% 1.61 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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Mahanagar Gas is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mahanagar Gas stays above 1483.1, but if it comes below 1483.1, then a intra day sell could be more profitable.
If you take a sell trade below 1483.1, then use 1483.1 as stoploss and 1428.62 as target. However if you take a buy trade in Mahanagar Gas, then use 1483.1 as stoploss and 1548.5 as target.

More indepth analysis on MunafaSutra.com