Natural Gas Prediction for Tomorrow, 29 October 2026
- October 28, 2026
- Posted by: Kunal Singla
- Category: Uncategorized
Natural Gas traded at Rs 292.10 per mmBtu on MCX, up 1.28%, on the 24 November 2026 futures. Nifty 50 fell 0.22%. India VIX fell 0.91% to 16.25. Next session is tomorrow, Thursday 29 October.
Quick Answer
The natural gas prediction for tomorrow is mildly constructive for tomorrow, 29 October 2026. Natural gas traded at Rs 292.10 per mmBtu on the 24 November futures, up 1.28 percent, and sits above the previous close of 288.40. The price gave back about 3 rupees from the day’s high of 295.30.
This natural gas prediction for tomorrow follows a Wednesday, 28 October 2026 session in which natural gas futures on MCX rose 1.28 percent on the 24 November contract and closed above the previous close of 288.40, though below the day’s high of 295.30.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking natural gas and global cues ahead of the session tomorrow, which falls on Thursday, 29 October 2026.
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What Wednesday Told Us
- Natural Gas traded at Rs 292.10 per mmBtu, up 1.28 percent on the 24 November 2026 futures, with a high of 295.30 and a low of 291.10.
- Nifty 50 fell 0.22 percent.
- India VIX fell 0.91 percent to 16.25.
Natural Gas Prediction for Tomorrow: Key Levels
Natural Gas (24 November 2026 futures) traded between 291.10 and 295.30 on Wednesday, against a previous close of 288.40, and settled at 292.10. On the downside, 291.10 and 288.40 are the first reference levels to watch if the day’s move is tested. On the upside, 295.30 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Wednesday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Positive | 291.10, 288.40 | 295.30 |
MCX contracts keep trading into the evening, so the last traded price can differ from the figures above by the time you read this. The levels here use the 24 November 2026 contract.
For traders, this natural gas prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Tomorrow
- Natural gas rose 1.28 percent on the MCX 24 November contract, with a high of 295.30 and a low of 291.10.
- The low of 291.10 sat above the previous close of 288.40, so the whole session traded higher.
- Weather forecasts and global LNG signals drive short-term moves in gas prices.
Ankit Jaiswal and Kunal Singla suggest revisiting this natural gas prediction for tomorrow after the first thirty minutes of Thursday’s trade.
Anyone following this natural gas prediction for tomorrow should keep the next session’s opening range in view before reading too much into early moves.
What to Watch Alongside Natural Gas
Gujarat State Petronet, Indraprastha Gas and other gas-linked stocks can react when gas prices move sharply, though Univest is not tracking a specific stock move today. Oil and Natural Gas Corporation also has gas production exposure but fell 2.16 percent.
How Wednesday’s Broader Session Unfolded
The Nifty 50 closed at 22,698.85, down 0.22 percent, with a high of 22,778.05 and a low of 22,497.70. The Sensex closed at 73,246.03, down 0.48 percent, while the Bank Nifty closed at 54,267.40, up 0.54 percent. India VIX, the market’s fear gauge, fell 0.91 percent to 16.25, after touching 17.36 during the session. The Nifty 50 recovered about 200 points from its low but is still about 1.9 percent below its close of 23,146.15 on 16 October. The Nifty Midcap 50 rose 0.54 percent while the Nifty Next 50 fell 0.06 percent, so the broader market was mixed. Nifty Auto rose 1.45 percent and Nifty Pharma rose 1.02 percent, while Nifty IT fell 1.98 percent and Nifty FMCG fell 0.57 percent. The trigger for the divergence was not independently confirmed.
Univest’s analysts suggest treating this natural gas prediction for tomorrow as a preparation note for Thursday, 29 October 2026, rather than a signal that changes overnight.
Analyst View for Tomorrow
Kunal Singla suggests that natural gas can stay constructive above 291.10, Wednesday’s low, with 295.30 the resistance to clear.
Ankit Jaiswal flags that natural gas is among the most volatile contracts, so traders should keep position sizes small and stay alert to gaps tomorrow.
This natural gas prediction for tomorrow will be most useful when read alongside the support and resistance table above.
Why This Is Written for Tomorrow
This natural gas prediction for tomorrow is written after the close on Wednesday, 28 October 2026, using Wednesday’s closing data, for the next trading session tomorrow, Thursday, 29 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.
MCX futures trade into Wednesday night, so global moves late on Wednesday can shift Thursday’s opening price.
A fair reading of this natural gas prediction for tomorrow is that Wednesday’s data sets the context, while Thursday’s first hour decides how much of it carries forward.
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Risks to This Prediction
- A mild-weather forecast or supply increase could pull gas prices back sharply at the open.
- Natural gas is among the most volatile contracts on MCX, so a gain can fade as fast as it came.
- The price gave back part of the gain from the high, which suggests some profit booking.
Readers comparing views should note that this natural gas prediction for tomorrow draws only on Wednesday’s closing numbers and the factors listed here.
As with any natural gas prediction for tomorrow, the opening minutes of Thursday’s trade will confirm or challenge the levels discussed here.
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The natural gas prediction for tomorrow also depends on India VIX, so a fresh rise in volatility would weaken the case made here.
Conclusion
The natural gas prediction for tomorrow leans mildly constructive into 29 October 2026, with global cues and the US Dollar Index as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Thursday’s opening trade confirms direction.
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 natural gas prediction for tomorrow?
Ans. It is mildly constructive for 29 October 2026, after Natural Gas traded at Rs 292.10 per mmBtu on Wednesday, up 1.28 percent.
Why is this a prediction for tomorrow, 29 October 2026?
Ans. Because it is written after the close on Wednesday, 28 October 2026, for the next regular trading session on Thursday, 29 October 2026.
Why did natural gas rise on Wednesday?
Ans. Natural gas rose 1.28 percent on the MCX 24 November contract. The specific trigger was not independently confirmed.
What are the key levels for natural gas tomorrow?
Ans. Wednesday’s low of 291.10 and the previous close of 288.40 are support below the price. Wednesday’s high of 295.30 is the nearest resistance.
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.
