Nifty Oil and Gas Prediction for Monday, 26 October 2026 (Including F&O)

Oil and Natural Gas Corporation closed at 227.50, up 1.11%. Nifty 50 fell 0.39%. India VIX rose 6.98% to 16.86. Next session is Monday, 26 October.

This nifty oil and gas prediction for monday follows a Friday, 23 October 2026 session in which Oil and Natural Gas Corporation, the lead upstream stock, rose 1.11 percent to Rs 227.50 and closed at its high of the day, while Reliance Industries rose 0.46 percent and crude oil rose 1.32 percent.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning through the weekend, with the next trading session on Monday, 26 October 2026.

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What Friday Told Us

• Oil and Natural Gas Corporation closed at 227.50, up 1.11 percent on 23 October 2026.
• The broader Nifty 50 fell 0.39 percent.
• India VIX rose 6.98 percent to 16.86.

Nifty Oil and Gas Prediction for Monday: Key Levels

Oil and Natural Gas Corporation traded between 223.69 and 227.50 on Friday, against a previous close of 225.00, and settled at 227.50. On the downside, 225.00 and 223.69 are the first reference levels to watch if the day’s move is tested. Friday’s high of 227.50 equals the closing level, so a fresh high would be needed to extend the move. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.

The sector index level was not available in this data pull, so the table tracks Oil and Natural Gas Corporation as the lead constituent for the Oil and Gas space.

Key Drivers for Monday

• ONGC rose 1.11 percent, with a high of 227.50 and a low of 223.69.
• Reliance Industries rose 0.46 percent after recovering from a low of 1,163.10, so the group’s largest stock also closed higher.
• Crude oil rose 1.32 percent while natural gas fell 1.44 percent on MCX.

Ankit Jaiswal and Kunal Singla suggest revisiting this nifty oil and gas prediction for monday after the first thirty minutes of Monday’s trade.

Anyone following this nifty oil and gas prediction for monday should keep the next session’s opening range in view before reading too much into early moves.

Nothing in this nifty oil and gas prediction for monday is a promise of returns, and every level quoted can fail.

Stocks and Triggers to Watch in the Nifty Oil and Gas Space

Oil and Natural Gas Corporation rose with crude, which restores the upstream link that was missing on Thursday. Reliance, the group’s largest stock, ended Thursday’s 2.03 percent fall with a gain.

In short, the nifty oil and gas prediction for monday rests on Friday’s verified close and the weekend risks listed below.

In the F&O segment, Univest’s analysts suggest watching open-interest changes near the support and resistance levels above before drawing conclusions. India VIX rose 6.98 percent to 16.86 on Friday, so option swings may stay on the wider side on Monday.

Univest’s analysts suggest treating this nifty oil and gas prediction for monday as a preparation note for Monday, 26 October 2026, rather than a signal that changes over the weekend.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Friday’s Broader Session Unfolded

The Nifty 50 closed at 22,600.00, down 0.39 percent, with a high of 22,787.25 and a low of 22,372.00. The Sensex closed at 73,123.83, down 0.17 percent, and the Bank Nifty closed at 54,287.35, down 1.16 percent. India VIX, the market’s fear gauge, rose 6.98 percent to 16.86, which points to higher expected swings in the near term. The Nifty 50 has fallen about 2.4 percent over the holiday-shortened week from last Friday’s close of 23,146.15. The Nifty Midcap 50 fell 2.10 percent and the Nifty Next 50 fell 2.26 percent, so selling was heavier outside the Nifty 50. Nifty Metal fell 2.71 percent and Nifty PSU Bank fell 2.26 percent, while Nifty IT fell 0.27 percent. The trigger for the broad fall was not independently confirmed.

This nifty oil and gas prediction for monday will be most useful when read alongside the support and resistance table above.

Analyst View for Monday

Kunal Singla suggests that ONGC can hold above 225.00, the previous close, with a fresh high above 227.50 needed to extend the move.

Ankit Jaiswal flags that the stocks followed crude higher, so a pullback in crude on Monday would be the first risk to watch.

A fair reading of this nifty oil and gas prediction for monday is that Friday’s data sets the context, while Monday’s first hour decides how much of it carries forward.

Why This Is Written for Monday

This nifty oil and gas prediction for monday is written after the close on Friday, 23 October 2026, using Friday’s closing data, for the next regular trading session on Monday, 26 October 2026. Indian equity markets are closed on Saturday, 24 October, and Sunday, 25 October, so Friday’s closing prices remain the last cash-market data until trading resumes on Monday. Treat it as a briefing to prepare for that session, not a live call that updates over the weekend.

Track the Nifty Oil and Gas Space on Univest Screeners

Readers comparing views should note that this nifty oil and gas prediction for monday draws only on Friday’s closing numbers and the factors listed here.

Risks to This Prediction

• A reversal in crude would hurt upstream stocks.
• Falling natural gas prices could limit gains for gas-exposed producers.
• Reliance’s wide range between 1,163.10 and 1,201.90 shows how quickly sentiment can swing.

As with any nifty oil and gas prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.

The nifty oil and gas prediction for monday also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

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Conclusion

The nifty oil and gas prediction for monday leans mildly constructive into 26 October 2026, with broader Nifty 50 direction and India VIX as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Monday’s opening trade confirms direction.

For traders, this nifty oil and gas prediction for monday is a framework for planning risk, with position size and stop levels left to the individual.

Disclaimer: Investments in securities are subject to market risk. Read all related documents carefully before investing. The information provided here is for educational purposes only and does not constitute investment advice. Univest is a SEBI-registered investment adviser (Registration No. INH000013776). Past performance is not indicative of future returns.

Frequently Asked Questions

What is the nifty oil and gas prediction for monday?

Ans. It is mildly constructive for 26 October 2026, after Oil and Natural Gas Corporation, the lead constituent, closed at 227.50 on Friday, up 1.11 percent.

Why is this a prediction for Monday, 26 October 2026?

Ans. Because Indian equity markets are closed on Saturday and Sunday, so the next regular trading session after Friday, 23 October 2026, is Monday, 26 October 2026.

Why did ONGC rise on Friday?

Ans. ONGC rose 1.11 percent while crude oil rose 1.32 percent on MCX. The specific reason was not independently confirmed.

What are the key levels for the oil and gas space on Monday?

Ans. ONGC’s low of 223.69 and the previous close of 225.00 are support below the price. Friday’s high of 227.50 equals the close, so a fresh high would be needed to extend the move.

Is this a buy or sell call?

Ans. No. This is an educational outlook from Univest’s research team, not a buy or sell call. Traders should check any view against their own risk plan before acting.