Is Mahanagar Gas technically bullish or bearish?

Jul 09 2025 08:06 AM IST
share
Share Via
As of July 8, 2025, Mahanagar Gas shows a bullish trend supported by strong daily moving averages and a bullish MACD, although caution is advised due to mildly bearish monthly indicators.
As of 8 July 2025, the technical trend for Mahanagar Gas has changed from mildly bullish to bullish. The current technical stance is bullish with a strong indication from the daily moving averages and a bullish MACD on the weekly chart. The Bollinger Bands also reflect a mildly bullish trend on the weekly and a bullish trend on the monthly. The On-Balance Volume (OBV) is bullish on both weekly and monthly time frames, supporting the overall positive sentiment. However, the monthly MACD and KST are mildly bearish, suggesting some caution. Overall, the strength of the bullish stance is reinforced by the daily moving averages and the positive performance relative to the Sensex over the past month and year-to-date.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News