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 |
| 10 Fri Jan 2025 | 1286.10 | 1240.05 to 1313.45 | 1.22% | 2.13 times |
| 09 Thu Jan 2025 | 1270.65 | 1252.60 to 1320.00 | 1.45% | 2.5 times |
| 08 Wed Jan 2025 | 1252.55 | 1230.45 to 1272.90 | 0.61% | 0.89 times |
| 07 Tue Jan 2025 | 1244.90 | 1227.45 to 1287.05 | -2.32% | 0.99 times |
| 06 Mon Jan 2025 | 1274.50 | 1263.20 to 1324.95 | -2.92% | 0.76 times |
| 03 Fri Jan 2025 | 1312.85 | 1290.00 to 1329.50 | 1.29% | 2.04 times |
| 02 Thu Jan 2025 | 1296.10 | 1281.75 to 1308.90 | 1.08% | 0.84 times |
| 01 Wed Jan 2025 | 1282.25 | 1270.50 to 1293.00 | -0.17% | 0.23 times |
| 31 Tue Dec 2024 | 1284.40 | 1246.05 to 1292.50 | 2.12% | 0.83 times |
| 30 Mon Dec 2024 | 1257.75 | 1231.00 to 1270.55 | 1.57% | 0.44 times |
| 27 Fri Dec 2024 | 1238.30 | 1227.20 to 1244.50 | -0.05% | 0.48 times |
| 26 Thu Dec 2024 | 1238.95 | 1228.60 to 1257.65 | -0.77% | 0.27 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, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 1293.9 as stoploss in an intra day sell trade for a target of 1268.71. However, stock will show a bullish move above 1293.9.