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MARKET OUTLOOKMGLSTOCK OUTLOOK

Mahanagar Gas Outlook for the Week (March 25, 2024 – March 29, 2024)

Mahanagar Gas
Mahanagar Gas
Mahanagar Gas closed the previous week on a negative note losing 7.00%.

Technically, Mahanagar Gas share price will see immediate support at 1,277.90 and immediate resistance would be seen at 1,371.90.

If Mahanagar Gas share price closes below immediate support of 1,277.90, then sharp breakdown can be seen. Mahanagar Gas share price will see major support at 1,216.30 for the week.

1600.001600.001550.001550.001500.001500.001450.001450.001400.001400.001350.001350.001300.001300.001250.001250.001200.001200.00Feb 12Feb 12Feb 15Feb 15Feb 20Feb 20Feb 23Feb 23Feb 28Feb 28Mar 2Mar 2Mar 6Mar 6Mar 12Mar 12Mar 15Mar 15Mar 20Mar 20Reversal Level 1270.91BuyBuyBuySellSellSell

On the positive side, immediate resistance will be seen at 1,371.90. Closing above 1,371.90, Mahanagar Gas share price will see a sharp breakout. Major resistance for Mahanagar Gas share price will be seen at 1,404.30 for the week.

Trading range for Mahanagar Gas share price for this week should be between 1,183.90 on down side and 1,465.90 on up side.

Mahanagar Gas Previous Week High: 1342.7

Mahanagar Gas Previous Week Low: 1248.7

Mahanagar Gas Previous Week Range: 94 Points

Mahanagar Gas share price support and resistance for the week (March 25, 2024 – March 29, 2024)

Level Type Value
Resistance 3 1,465.90
Resistance 2 1,404.30
Resistance 1 1,371.90
Support 1 1,277.90
Support 2 1,216.30
Support 3 1,183.90
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