Mahanagar Gas (MGL.BO) Technical Analysis
As of 2026-07-22, MGL.BO last traded at 1,080 INR (-0.18% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 1,056.8 INR support below, 1,123.4 INR resistance above. 14-day RSI is 32.4 (bearish).
Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ
Is MGL.BO in an uptrend or downtrend?
Mahanagar Gas is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.
| Last close | 1,080 INR (-0.18%) |
|---|---|
| 20-day average | 1,126.85 INR |
| 50-day average | 1,112.65 INR |
| 200-day average | 1,135.32 INR |
Key support and resistance levels for MGL.BO
Derived from swing pivots over the last 200 sessions:
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1,123.4 INR | Resistance | Moderate | 2 |
| 1,137.1 INR | Resistance | Minor | 1 |
| 1,156.95 INR | Resistance | Minor | 1 |
| Level | Type | Strength | Touches |
|---|---|---|---|
| 1,056.8 INR | Support | Minor | 1 |
| 1,040.42 INR | Support | Strong | 3 |
| 1,021.68 INR | Support | Moderate | 2 |
MGL.BO 52-week range, momentum and volatility
| 52-week high | 1,562 INR (30.9% below) |
|---|---|
| 52-week low | 902 INR (19.7% above) |
| 14-day RSI | 32.4 (Bearish) |
| 14-day ATR | 27.9 INR (2.58% of price, Moderate volatility) |
Related research pages
Frequently asked questions
Is Mahanagar Gas (MGL.BO) in an uptrend or downtrend?
As of 2026-07-22, MGL.BO is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 1080 INR vs 50-day average 1112.65 INR and 200-day average 1135.32 INR.
What are the key support and resistance levels for MGL.BO?
Nearest support is around 1056.8 INR (minor, 1 touch). Nearest resistance is around 1123.4 INR (moderate). Levels are derived from swing pivots over the last ~200 sessions.
What is MGL.BO's 52-week high and low?
Over the last 52 weeks, MGL.BO traded between 902 INR and 1562 INR. It is currently 30.9% below its 52-week high.
Is MGL.BO overbought or oversold?
The 14-day RSI is 32.4 — in a neutral 30–70 range. Momentum reads as bearish.
How volatile is MGL.BO?
Its 14-day Average True Range is 27.9 (2.58% of price) — moderate volatility relative to price.