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MGL NEWS why is Mahanagar Gas price falling or rising

MGL NEWS reasons for why stock price of Mahanagar Gas is falling or rising

MGL Mahanagar Gas is falling or rising technical reasons

Technical analysis forecast for Mahanagar Gas Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Mahanagar Gas MGL at this time. Stock is falling and might fall more.

It appears as if Mahanagar Gas MGL gave a large move recently.

Stock of Mahanagar Gas (MGL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Mahanagar Gas is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 939.5 as stoploss in an intra day buy trade for a target of 996.75. However, stock will show a bearish move below 939.5.

MGL Mahanagar Gas is falling or rising NEWS fundamental reasons

Company Announcement Mahanagar Gas Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2026-03-25

MGL assures uninterrupted supply, offers free gas to new connections Mahanagar Gas assures uninterrupted piped natural gas and compressed natural gas supply. The company is offering free gas to new residential users and waiving registration charges for commercial customers. These initiatives aim to support consumers facing - NEWS as on 2026-03-24 indiatimes.com

Company Announcement Mahanagar Gas Limited has informed the Exchange about General Updates - NEWS as on 2026-03-12

Company Announcement Mahanagar Gas Limited has informed the Exchange about Acquisition - NEWS as on 2026-03-09

Company Announcement - NEWS as on 2026-03-02

Company Announcement Mahanagar Gas Limited has informed the Exchange about Transcript - NEWS as on 2026-02-16

Company Announcement Mahanagar Gas Limited has informed the Exchange about Link of Recording - NEWS as on 2026-02-10

Company Announcement Mahanagar Gas Limited has informed the Exchange about Communication on Tax Deduction at Source ( TDS ) on Interim Dividend for the Financial Year 2025-26 - NEWS as on 2026-02-09

More announcements and NEWS

MGL Mahanagar Gas current price & indicator signals

Moving Averages for Mahanagar Gas

  • 5Day Average: 940.75
  • 12Day Average: 960.7
  • 20Day Average: 999.8
  • 50Day Average: 1072.17
  • 100Day Average: 1112.16
  • 150Day Average: 1171.51
  • 200Day Average: 1232.81

MGL Indicators & signals

Indicator MACD (12,26,9)

967.2, 1013.65, -42.62
Indicator MACD is in negative zone

Indicator ADX (14)

24.67, 18.81, 31.13
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 36
Indicator RSI is indicating selling pressure and stock might fall.

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

Date Close Range Change % Volume
02 Thu Apr 2026 953.15 924.15 to 959.90 1.01% 0.47 times
01 Wed Apr 2026 943.60 931.60 to 955.00 1.71% 0.81 times
30 Mon Mar 2026 927.70 918.30 to 942.40 -1.33% 0.57 times
27 Fri Mar 2026 940.20 936.00 to 963.40 0.12% 1.23 times
25 Wed Mar 2026 939.10 930.00 to 988.00 1.81% 1.81 times
24 Tue Mar 2026 922.40 907.10 to 934.30 1.54% 0.5 times
23 Mon Mar 2026 908.40 900.00 to 960.50 -6.07% 0.76 times
20 Fri Mar 2026 967.10 955.00 to 1006.50 -3.29% 1.24 times
19 Thu Mar 2026 1000.00 988.80 to 1032.00 -0.04% 1.22 times
18 Wed Mar 2026 1000.40 988.00 to 1019.80 -1.55% 1.57 times
17 Tue Mar 2026 1016.10 1004.00 to 1026.10 0.58% 0.29 times
16 Mon Mar 2026 1010.20 989.00 to 1042.00 -2.4% 0.5 times

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