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Mahanagar Gas Share Price Target - Tomorrow, Next Week & Next Month
Mahanagar Gas Limited | |||
 | Symbol: MGL | ||
| Price: ₹1,334 | |||
| Exchange: NSE | |||
| Utilities -> Utilities—Regulated Gas | |||
Show Table of Contents
Table of Contents
- 1: Mahanagar Gas Recent Performance
- 2: Chart: Mahanagar Gas Share Price Target - Tomorrow
- 3: Table: Mahanagar Gas Share Price Target - Tomorrow
- 4: Summary: Mahanagar Gas Share Price Prediction For Tomorrow
- 5: Chart: Mahanagar Gas Share Price Target - Next Week
- 6: Table: Mahanagar Gas Share Price Target - Next Week
- 7: Summary: Mahanagar Gas Share Price Prediction For Next Week
- 8: Chart: Mahanagar Gas Share Price Target - Next Month
- 9: Table: Mahanagar Gas Share Price Target - Next Month
- 10: Summary: Mahanagar Gas Share Price Prediction For Next Month
Mahanagar Gas Recent Performance
Over the past 22 trading days, the value of Mahanagar Gas's stock has decreased by ₹500.00 (-27.26%). On 11 Oct 2024, one share was worth ₹1834.00 and by 13 Nov 2024, the value dropped to ₹1334.00. During this period it created a highest high of ₹1870.90 and lowest low of ₹1323.34.
Below Image represents line chart of daily close price of Mahanagar Gas, helping you visualize how the price has changed day by day.
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Chart: Mahanagar Gas Share Price Target - Tomorrow
The line chart displays the Mahanagar Gas daily closing prices for the past 22 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Mahanagar Gas shares for Wed 13 Nov 2024, see the table below.
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Table: Mahanagar Gas Share Price Target - Tomorrow
By analyzing Mahanagar Gas stock with yesterday and past crucial price points and technical indicators we derived following targets for Tomorrow: Mon, 18 Nov, 2024!
| Mahanagar Gas's Levels | Value | Reason/Importance |
|---|---|---|
| Tomorrow Target 3 | 1390.00 (+4.19%) | Price Action: 05 Nov 2024 High |
| Tomorrow Target 2 | 1372.19 (+2.86%) | Price Action: Nov 2024 High |
| Tomorrow Target 1 | 1350.00 (+1.19%) | Price Action: 05 Nov 2024 Low |
| Current Price | 1334.00 | Mahanagar Gas's 1 share price as of Wed 13 Nov 2024 |
| Stop Loss 1 | 1323.34 (-0.8%) | Price Action: Nov 2024 Low |
| Stop Loss 2 | 1314.09 (-1.5%) | Price Action: May 2024 High |
| Stop Loss 3 | 1305.81 (-2.12%) | Price Action: Chart |
Summary: Mahanagar Gas Share Price Prediction For Tomorrow
Wed 13 Nov 2024: Mahanagar Gas finished the day at ₹1334.00, losing ₹-67.50 (-4.82%) in 1 day.
In summary, our analysis of Mahanagar Gas for tomorrow predicts a rise of 1.19% to 4.19% with three potential targets T1: ₹1350.00, T2: ₹1372.19, T3: ₹1390.00 and Stop-Loss (SL) at SL1: ₹1323.34, SL2: ₹1314.09, SL3: ₹1305.81.
Additionally, we've identified a support level at ₹1323.34 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1372.19, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.
Over the last 22 trading days, the stock has dropped -27.26%, indicating it could be a excellent option for intra day trading as it has shown big price movements. During this period, its price fluctuated between 1870.90 and 1323.34.
After looking at tomorrow's share price prediction, let's now check what next week might hold for Mahanagar Gas.
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Chart: Mahanagar Gas Share Price Target - Next Week
The chart displays the Mahanagar Gas weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.
For detailed target and stop loss values for Mahanagar Gas shares for next week, see the table below.
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Table: Mahanagar Gas Share Price Target - Next Week
By analyzing Mahanagar Gas stock with yesterday and past crucial price points and technical indicators we derived following targets for the next week!
| Mahanagar Gas's Levels | Value | Reason/Importance |
|---|---|---|
| Next Week Target 3 | 1397.00 (+4.72%) | Price Action: 11 Nov 2024 Low |
| Next Week Target 2 | 1383.05 (+3.67%) | Price Action: 04 Nov 2024 Low |
| Next Week Target 1 | 1366.37 (+2.42%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1334.00 | Mahanagar Gas's 1 share price as of Wed 13 Nov 2024 |
| Stop Loss 1 | 1323.34 (-0.8%) | Price Action: Nov 2024 Low |
| Stop Loss 2 | 1310.11 (-1.8%) | Price Action: Chart |
| Stop Loss 3 | 1284.66 (-3.7%) | Fibonacci Retracement Extended 28.2% |
Summary: Mahanagar Gas Share Price Prediction For Next Week
As of Wed 13 Nov 2024, Mahanagar Gas share price stands at ₹1334.00, losing ₹-109.00 (-7.67%) in this week.
In summary, our analysis of Mahanagar Gas for next week predicts a rise of 2.42% to 4.72% with three potential targets T1: ₹1366.37, T2: ₹1383.05, T3: ₹1397.00 and Stop-Loss (SL) at SL1: ₹1323.34, SL2: ₹1310.11, SL3: ₹1284.66.
Additionally, we've identified a support level at ₹1306.50 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹1420.34, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Mahanagar Gas.
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Chart: Mahanagar Gas Share Price Target - Next Month
The chart displays the Mahanagar Gas monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.
For detailed target and stop loss values for Mahanagar Gas shares for next month, see the table below.
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Table: Mahanagar Gas Share Price Target - Next Month
By analyzing Mahanagar Gas stock with yesterday and past crucial price points and technical indicators we derived following targets for Next Month!
| Mahanagar Gas's Levels | Value | Reason/Importance |
|---|---|---|
| Next Month Target 3 | 1485.65 (+11.36%) | Price Action: 28 Oct 2024 High |
| Next Month Target 2 | 1469.25 (+10.13%) | Price Action: 25 Oct 2024 Low |
| Next Month Target 1 | 1449.90 (+8.68%) | Price Action: Oct 2024 High |
| Current Price | 1334.00 | Mahanagar Gas's 1 share price as of Wed 13 Nov 2024 |
| Stop Loss 1 | 1284.40 (-3.72%) | Price Action: Jun 2021 High |
| Stop Loss 2 | 1257.00 (-5.78%) | Price Action: Mar 2021 High |
| Stop Loss 3 | 1234.00 (-7.5%) | Price Action: Feb 2021 High |
Summary: Mahanagar Gas Share Price Prediction For Next Month
As of Wed 13 Nov 2024, Mahanagar Gas share price stands at ₹1334.00, losing ₹-107.59 (-7.46%) in this month.
In summary, our analysis of Mahanagar Gas for next month predicts a rise of 8.68% to 11.36% with three potential targets T1: ₹1449.90, T2: ₹1469.25, T3: ₹1485.65 and Stop-Loss (SL) at SL1: ₹1284.40, SL2: ₹1257.00, SL3: ₹1234.00.
Additionally, we've identified a support level at 1323.34 — think of this as a safety net where the price might stop falling and there's also a resistance level at 1870.90, which is like a ceiling at which the price might have a hard time breaking through.
After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Mahanagar Gas, we created a specific page for that check here: Mahanagar Gas Share Price target for 2024 and 2025
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As we wrap up, we hope you like our study on Mahanagar Gas short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
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Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Mahanagar Gas Share Price History
- Mahanagar Gas Price Long Term Target
- Mahanagar Gas Dividend History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
