MGL BULLISH mgl vvery strong after goood correction , it will happen becacue of reason s
1.a stretched rubber will comeback
2. even if want to go down will need a pullbak of 50% or 61 level of fibnoonacci
Next report date
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Report period
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EPS estimate
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Revenue estimate
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115.60 INR
12.76 B INR
62.90 B INR
55.80 M
About MAHANAGAR GAS LTD.
Sector
Industry
CEO
Ashu Shinghal
Website
Headquarters
Mumbai
Founded
1995
ISIN
INE002S01010
FIGI
BBG00BGKKRB9
Mahanagar Gas Ltd. engages in the sale and distribution of natural gas. Its businesses include Domestic PNG, Commercial PNG, CNG, Industrial PNG, and Gas Geysers. The company was founded on May 8, 1995, and is headquartered in Mumbai, India.
MGL Weak due to newsMGL is down due to www.bseindia.com
CMP 1150
Add on dips till 1050
SL CLB 960
Targets 1350 to 1650 & more
FnO Trades not advised
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For more info - Plz visit my profile
Rgds,
Naresh G
SEBI Reg.RA
MGL diwali pick for tp 3500-4000MGL diwali pick for tp 3500-4000
strong fundamental stock for this diwali to coming diwali
Here are the support and resistance levels for Mahanagar Gas Here are the support and resistance levels for Mahanagar Gas Limited (MGL)
(INR):
1-Hour Timeframe
Support Levels:
₹1,846.10
₹1,793.00
Resistance Levels:
₹1,888.95
₹1,900.00
4-Hour Timeframe
Support Levels:
₹1,800.00
₹1,750.00
Resistance Levels:
₹1,920.00
₹1,950.00
Medium term trading opportunity in MGL for > 20% upsideHi,
NSE:MGL has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will c
MGL Support & Resistance levelsAs of now, the support and resistance levels for Mahanagar Gas Limited (MGL) are as follows:
Support Levels:
1. Support Level 1: 1127.40 INR
2. Support Level 2: 1113.80 INR
Resistance Levels:
1. Resistance Level 1: 1141.00 INR
2. Resistance Level 2: 1154.97 INR
MGL SUPPORT AND RESISTANCE LEVELFor Mahanagar Gas Ltd (MGL), here are the key support and resistance levels based on recent data:
1 DAY Timeframe:
Resistance Levels:
R1: ₹1,912.15
R2: ₹1,943.00
Support Levels:
S1: ₹1,846.10
S2: ₹1,793.00
1-Hour Timeframe:
Resistance Levels:
R1: ₹1,888.95
R2: ₹1,900.00
Support Levels:
S1: ₹
MGL // Levels // 4H"Welcome to SkyTradingZone "
Hello Everyone 👋
MGL (Moving Averages) and Support/Resistance (S/R) are two fundamental concepts in technical analysis. Here's a brief overview of each:
Moving Averages (MGL):
A Moving Average (MA) is a trend-following indicator that smooths out price action by calcu
MGL - Bullish1880 - 1900 Strong resistance can now turn into support
Breakout has happen with strong volumes
Expecting a small pull back before rallying further
1980 can act as an SL area
MGL - MAHANAGAR GAS -Short term SwingUptrend - I see a nice cup and handle formed. the cup has a double bottom as well.
I like the pattern and expect a breakout soon. Stoploss is a must to keep you safe if it doesn't work.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MGL is 1,278.25 INR — it has increased by 3.75% in the past 24 hours. Watch MAHANAGAR GAS LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange MAHANAGAR GAS LTD. stocks are traded under the ticker MGL.
MGL stock has risen by 4.66% compared to the previous week, the month change is a −14.61% fall, over the last year MAHANAGAR GAS LTD. has showed a 18.91% increase.
We've gathered analysts' opinions on MAHANAGAR GAS LTD. future price: according to them, MGL price has a max estimate of 2,200.00 INR and a min estimate of 1,000.00 INR. Watch MGL chart and read a more detailed MAHANAGAR GAS LTD. stock forecast: see what analysts think of MAHANAGAR GAS LTD. and suggest that you do with its stocks.
MGL stock is 4.01% volatile and has beta coefficient of 1.27. Track MAHANAGAR GAS LTD. stock price on the chart and check out the list of the most volatile stocks — is MAHANAGAR GAS LTD. there?
Today MAHANAGAR GAS LTD. has the market capitalization of 122.12 B, it has decreased by −0.41% over the last week.
Yes, you can track MAHANAGAR GAS LTD. financials in yearly and quarterly reports right on TradingView.
MAHANAGAR GAS LTD. is going to release the next earnings report on Feb 11, 2025. Keep track of upcoming events with our Earnings Calendar.
MGL earnings for the last quarter are 28.60 INR per share, whereas the estimation was 28.80 INR resulting in a −0.70% surprise. The estimated earnings for the next quarter are 27.89 INR per share. See more details about MAHANAGAR GAS LTD. earnings.
MAHANAGAR GAS LTD. revenue for the last quarter amounts to 17.12 B INR, despite the estimated figure of 16.53 B INR. In the next quarter, revenue is expected to reach 16.78 B INR.
MGL net income for the last quarter is 2.84 B INR, while the quarter before that showed 2.89 B INR of net income which accounts for −1.82% change. Track more MAHANAGAR GAS LTD. financial stats to get the full picture.
MAHANAGAR GAS LTD. dividend yield was 2.20% in 2023, and payout ratio reached 23.22%. The year before the numbers were 2.64% and 32.51% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 3, 2024, the company has 2.23 K employees. See our rating of the largest employees — is MAHANAGAR GAS LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAHANAGAR GAS LTD. EBITDA is 16.94 B INR, and current EBITDA margin is 29.71%. See more stats in MAHANAGAR GAS LTD. financial statements.
Like other stocks, MGL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAHANAGAR GAS LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAHANAGAR GAS LTD. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAHANAGAR GAS LTD. stock shows the neutral signal. See more of MAHANAGAR GAS LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.