Nifty Oil and Gas Prediction for Tomorrow, 13 August 2026: Crude at Rs 7,910 Below Rs 8,000 Creates Mixed Upstream-Downstream Outlook for Thursday
- August 12, 2026
- Posted by: Ankit Jaiswal
- Category: Predictions
Nifty Oil and Gas: Est. 12,570 (-0.2%) (Est. -0.2% Wed 12 Aug). Crude Rs 7,910. BankNifty +0.77%. TCS -3.93%. SBI +1.50%.
The Nifty Oil and Gas prediction for tomorrow for Thursday 13 August 2026 is shaped by Wednesday’s pivotal session on Dalal Street. Nifty 50 closed at 24,435.95 (-0.15%) after testing 24,265.95 intraday and recovering 170 points ; a textbook DII accumulation pattern. Bank Nifty surged to a closing-high of 57,885.85 (+0.77%), SBI posted its Day 4 recovery at +1.50% to Rs 1,082, and TCS crashed 3.93% to Rs 2,349.70 in a sharp IT sector reversal. Most critically for the Nifty Oil and Gas prediction for tomorrow, MCX Crude Oil pulled back below Rs 8,000 to Rs 7,910 (-0.38%) on Wednesday ; the first close below Rs 8,000 since Tuesday’s surge ; providing partial relief to crude-sensitive sectors. The Nifty Oil and Gas index is the primary benchmark for this Nifty Oil and Gas prediction for tomorrow and represents the sector covered in this Thursday forecast.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the Nifty Oil and Gas prediction for tomorrow for Thursday using Groww-confirmed Wednesday data. All entry, target and stop-loss levels are observation-based and not guaranteed returns. MCX Gold surged 0.83% to Rs 1,53,859, Silver bounced 1.64% to Rs 2,40,650 and MCX Zinc gained 0.85% to Rs 396.70 ; confirming commodities had a broadly positive Wednesday while equities showed sector rotation.
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Wednesday Market Recap for the Nifty Oil and Gas prediction for tomorrow
| Indicator | Wed 12 Aug (Groww) | Change | Signal for Nifty Oil and Gas prediction for tomorrow |
|---|---|---|---|
| Nifty 50 | 24,435.95 | -0.15% | L: 24,265.95 tested; 170-pt recovery; DII floor confirmed |
| Bank Nifty | 57,885.85 | +0.77% | Closing-high pattern; SBI +1.50%; ICICI touched Rs 1,435 |
| MCX Crude | Rs 7,910/bbl | -0.38% | Fell below Rs 8,000; partial relief for auto, FMCG, cement |
| MCX Gold | Rs 1,53,859/10g | +0.83% | Safe-haven demand; near session high Rs 1,53,879 |
| MCX Silver | Rs 2,40,650/kg | +1.64% | Strong bounce; recovering from Tuesday reversal |
| MCX Zinc | Rs 396.70/kg | +0.85% | Supply deficit; second positive session |
| MCX Copper | Rs 1,384.75/kg | +0.41% | Industrial demand intact |
| MCX Nat Gas | Rs 266.80/MMBTU | +0.53% | Consolidating above Rs 265 |
| TCS | Rs 2,349.70 | -3.93% | IT sector reversal; L: Rs 2,300.10; bounce opportunity |
| SBI | Rs 1,082 | +1.50% | Day 4 booking exhausted; H: Rs 1,085.50 |
| Bharti Airtel | Rs 1,945 | +1.56% | Post-Q1 booking absorbed; ARPU Rs 261 intact |
| India VIX | Est. 13.20-13.80 | Rising | Below 14 panic threshold; orderly correction |
Key Factors for the Nifty Oil and Gas prediction for tomorrow
- Crude Rs 7,910 (-0.38%) creates the Nifty Oil and Gas prediction for tomorrow upstream-downstream split. For ONGC, crude at Rs 7,910 means Q2 FY27 realization is slightly lower than Rs 8,024 Tuesday ; mild upstream negative. Ankit Jaiswal: ONGC -0.17% Wednesday partially prices this in.
- For BPCL, crude Rs 7,910 is a positive. GRM improves Rs 0.40-0.60/bbl for every Rs 200 crude reduction. For the Nifty Oil and Gas prediction for tomorrow, BPCL is the inverse crude trade: crude easing = BPCL recovery. Kunal Singla: BPCL at Rs 315-320 is Thursday primary long.
- Reliance Industries +0.39% Wednesday despite crude falling confirms Jio/Retail businesses (crude-neutral) sustaining independent positive momentum for the Nifty Oil and Gas prediction for tomorrow. KG-D6 gas at Rs 266.80 (+0.53%) adds upstream realization support.
- MCX Natural Gas Rs 266.80 (+0.53%) provides continued KG-D6 positive for both ONGC and Reliance in the Nifty Oil and Gas prediction for tomorrow. Gas above Rs 265 sustaining for three sessions confirms structural demand support.
Technical Levels for the Nifty Oil and Gas prediction for tomorrow
| Level | Zone | Significance |
|---|---|---|
| Primary Support | 12,480-12,550 | Confirmed buyer zone from Wednesday’s session |
| Secondary Support | 12,280-12,360 | Deeper correction floor if primary breaks |
| Immediate Resistance | 12,650-12,740 | First recovery target for Thursday |
| Key Resistance | 12,880-12,980 | Extended target if momentum builds |
Stocks to Watch for the Nifty Oil and Gas prediction for tomorrow
| Stock | CMP (Wed) | Entry Zone | Target | Stop Loss | Analyst | Rationale |
|---|---|---|---|---|---|---|
| BPCL | Rs 317.80 (Tue close) | Rs 315-320 | Rs 334 | Rs 308 | Ankit Jaiswal | GRM improves with crude Rs 7,910. Primary Nifty Oil and Gas prediction for tomorrow downstream positive, conditional on crude below Rs 7,950. |
| Reliance Industries | Rs 1,329 (+0.39% Wed) | Rs 1,322-1,330 | Rs 1,358 | Rs 1,300 | Kunal Singla | Balanced KG-D6 gas + Jio/Retail. +0.39% despite crude falling. Primary Nifty Oil and Gas prediction for tomorrow large-cap. |
| ONGC | Rs 239.05 (-0.17% Wed) | Rs 236-241 | Rs 254 | Rs 228 | Ankit Jaiswal | Monitor: ONGC positive if crude recovers above Rs 7,980; neutral/negative at Rs 7,910 in the Nifty Oil and Gas prediction for tomorrow. |
Screen All Stocks Live for the Nifty Oil and Gas prediction for tomorrow on Univest Screener
Strategy for the Nifty Oil and Gas prediction for tomorrow Session
- Rs 12,480-12,550 primary support for the Nifty Oil and Gas prediction for tomorrow.
- BPCL above Rs 320 Thursday = GRM improvement priced in = Nifty Oil and Gas prediction for tomorrow downstream positive. Entry Rs 315-320.
- Rs 12,650-12,740 first resistance for the Nifty Oil and Gas prediction for tomorrow.
- Crude below Rs 7,900 sustaining Thursday = BPCL continues recovering; above Rs 8,050 = ONGC benefits, BPCL faces GRM compression in the Nifty Oil and Gas prediction for tomorrow.
Risks to the Nifty Oil and Gas prediction for tomorrow
- Crude recovering above Rs 8,050 Thursday reversing BPCL GRM improvement and re-pressuring downstream in the Nifty Oil and Gas prediction for tomorrow.
- ONGC continuing below Rs 236 if crude stays below Rs 7,900 Thursday in the Nifty Oil and Gas prediction for tomorrow.
- Natural Gas falling below Rs 262, reducing KG-D6 realization for ONGC and Reliance in the Nifty Oil and Gas prediction for tomorrow.
Conclusion
The Nifty Oil and Gas prediction for tomorrow for Thursday 13 August 2026 is shaped by Wednesday’s dominant themes: Bank Nifty’s closing-high (+0.77%), TCS’s sharp reversal (-3.93%), SBI’s Day 4 recovery (+1.50%) and crude oil retreating below Rs 8,000 to Rs 7,910. Ankit Jaiswal of Univest identifies 12,480-12,550 as the primary support and 12,650-12,740 as the immediate resistance for the Nifty Oil and Gas prediction for tomorrow on Thursday. The partial crude relief ; crude below Rs 8,000 for the first time since Tuesday’s surge ; is the most important macro change for crude-sensitive sectors in the Nifty Oil and Gas prediction for tomorrow.
Kunal Singla of Univest recommends using GIFT Nifty above 24,460, ICICI Bank above Rs 1,435 and TCS direction at Thursday’s open as the three pre-market signals that unlock the full Nifty Oil and Gas prediction for tomorrow strategy. Check Brent Crude below USD 92/bbl as confirmation that crude’s Wednesday retreat is sustaining overnight.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Nifty Oil And Gas Prediction For Tomorrow, 13 August 2026
What is the Nifty Oil and Gas prediction for tomorrow, 13 August 2026?
Ans. Mixed. Crude Rs 7,910 is negative for ONGC upstream realization but positive for BPCL downstream GRM. Reliance provides balanced exposure. Support 12,480-12,550, resistance 12,650-12,740.
Which analysts prepared the Nifty Oil and Gas prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, using Groww-confirmed Wednesday data: Crude Rs 7,910 (-0.38%), ONGC -0.17%, Reliance +0.39%.
How does crude at Rs 7,910 split the Nifty Oil and Gas prediction for tomorrow?
Ans. ONGC upstream realization mildly lower at Rs 7,910 versus Rs 8,024 Tuesday. BPCL downstream GRM improves Rs 0.40-0.60/bbl from lower feedstock. Reliance balanced. This upstream-downstream split defines the Nifty Oil and Gas prediction for tomorrow equity strategy.
What is support and resistance for the Nifty Oil and Gas prediction for tomorrow?
Ans. Support 12,480-12,550 and 12,280-12,360. Resistance 12,650-12,740 and 12,880-12,980.
Which stocks are watched in the Nifty Oil and Gas prediction for tomorrow?
Ans. BPCL (downstream GRM positive Rs 315-320 entry), Reliance Industries (balanced KG-D6 + Jio) and ONGC (conditional on crude direction).
