Natural Gas Price Prediction for Tomorrow, Tuesday 4 August 2026: MCX Natural Gas Falls to Rs 370/MMBTU as Iran Peace Reduces Strait of Hormuz Risk Premium
- August 3, 2026
- Posted by: Ankit Jaiswal
- Category: Market
MCX Natural Gas Monday: Rs 370/MMBTU (-1.33%). NYMEX: ~$3.95/MMBTU. Day range: Rs 362-378. Support Rs 355. Resistance Rs 390.
The natural gas price prediction for tomorrow for Tuesday 4 August 2026 is shaped by a historic macro event on Monday: US President Trump confirmed Iran-US peace negotiations, sending Brent crude crashing over 6 percent to $82 and lifting Nifty 50 by 228 points or 0.94 percent to 24,611.50, its first close above 24,600 in six weeks. MCX Natural Gas fell 1.33 percent Monday as Trump’s Iran peace talk confirmation eased the Strait of Hormuz supply disruption risk that had kept a premium embedded in energy prices. However, India’s rapidly expanding city gas distribution network adding 50 lakh connections in FY2026, summer cooling demand in the US and Asia, and European LNG import requirements provide structural demand support. Ankit Jaiswal notes the natural gas price prediction for tomorrow is bearish in the near term from risk premium removal but structurally supported by India’s energy transition. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the full natural gas price prediction for tomorrow covering technical levels, key triggers and three stocks to watch.
Click Here – Get Free Investment Predictions
Monday Session Data Behind the Natural Gas Price Prediction For Tomorrow
| Indicator | Monday | Change |
|---|---|---|
| Primary Level | Rs 370 per MMBTU | -Rs 5 (-1.33%) |
| Day Range | Rs 362 to Rs 378 | Session high/low |
| Nifty 50 | 24,611.50 | +228 pts (+0.94%) |
| Bank Nifty | 57,507.80 | +531 pts (+0.93%) |
| India VIX | 11.55 | -4.9% (multi-month low) |
| FII Cash (provisional) | +Rs 918 Cr | Net Buyers |
Technical Levels for the Natural Gas Price Prediction For Tomorrow
| Level | Zone |
|---|---|
| Immediate Support | Rs 355-360 |
| Support 2 | Rs 340-345 |
| Strong Support | Rs 320-330 (200 DMA) |
| Immediate Resistance | Rs 385-390 |
| Key Resistance | Rs 400-410 |
Ankit Jaiswal notes that the natural gas price prediction for tomorrow rests on the immediate support at Rs 355-360 holding during Tuesday’s session. Monday’s close near the session high for most assets confirms buyers were in control into the 3:30 PM bell, a strong quality signal for the natural gas price prediction for tomorrow. Kunal Singla adds that India VIX at 11.55, its lowest in several months, reduces the probability of a large gap-down reversal, providing a constructive technical environment for the natural gas price prediction for tomorrow.
Key Factors for the Natural Gas Price Prediction For Tomorrow
- NYMEX Natural Gas near $3.95 per MMBTU reflects healthy US summer demand and continued LNG export demand from Europe and Asia after the Russia-Ukraine supply restructuring.
- Iran-US peace talks have reduced the Strait of Hormuz LNG transit risk premium. This is the primary bearish factor in the natural gas price prediction for tomorrow.
- India’s city gas distribution sector added 50 lakh connections in FY2026. This structural demand growth provides a domestic floor for MCX Natural Gas in the natural gas price prediction for tomorrow.
Stocks to Watch in the Natural Gas Price Prediction For Tomorrow
Univest analysts have flagged three stocks for educational observation in the natural gas price prediction for tomorrow. These are not buy recommendations.
1. IGL: Trading near Rs 395 on Monday. Ankit Jaiswal flags entry zone Rs 388-394, target Rs 415, stop loss Rs 380. Indraprastha Gas Limited distributes city gas in Delhi NCR. Stable gas prices protect its margins while its subscriber base grows, making IGL a structural play in the natural gas price prediction for tomorrow.
2. BPCL: Trading near Rs 318 on Monday. Kunal Singla flags entry zone Rs 312-318, target Rs 335, stop loss Rs 305. Bharat Petroleum refines and markets natural gas. Lower input gas prices improve refining margins, making BPCL a secondary beneficiary in the natural gas price prediction for tomorrow.
3. Reliance Industries: Trading near Rs 1,325 on Monday. Ankit Jaiswal flags entry zone Rs 1,310-1,322, target Rs 1,362, stop loss Rs 1,292. Reliance’s KG-D6 block produces domestic natural gas. Domestic gas pricing policy and production levels link Reliance to the natural gas price prediction for tomorrow.
Use the Univest Screener to Find Strong Stocks for Tomorrow’s Session
Natural Gas Price Prediction For Tomorrow: Trading Strategy
- Check NYMEX Natural Gas before MCX evening session for the natural gas price prediction for tomorrow. NYMEX above $4.10 turns the natural gas price prediction for tomorrow bullish.
- Rs 355-360 is the buy-on-dip zone. Ankit Jaiswal recommends long positions near this level for the natural gas price prediction for tomorrow.
- Rs 385-390 is the immediate resistance. Book positions near this level in the natural gas price prediction for tomorrow.
- Track any US EIA weekly storage data release Tuesday as a key catalyst for the natural gas price prediction for tomorrow.
Risks to the Natural Gas Price Prediction For Tomorrow
- A formal Iran peace deal removing Strait risk permanently would suppress the natural gas price prediction for tomorrow below Rs 340.
- Warmer-than-expected weather reducing summer cooling demand and weakening the natural gas price prediction for tomorrow.
- New LNG liquefaction capacity coming online in Qatar or the US easing supply tightness in the natural gas price prediction for tomorrow.
Conclusion
The natural gas price prediction for tomorrow for Tuesday 4 August 2026 shows -Rs 5 (-1.33%) to Rs 370 per MMBTU on Monday, with India VIX at a multi-month low of 11.55 and FII returning to net buying at Rs 918 crore. Ankit Jaiswal of Univest identifies Rs 385-390 as the key resistance for the natural gas price prediction for tomorrow while Kunal Singla considers Rs 355-360 the most important support to watch Tuesday. Check GIFT Nifty at 9 AM IST, monitor Iran diplomatic updates overnight, and track Bharti Airtel and ONGC Q1 FY27 results in the first hour as the three most critical real-time inputs for the natural gas price prediction for tomorrow.
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 NSE (nseindia.com), BSE (bseindia.com) and MCX (mcxindia.com) before investing. Investments are subject to market risk. Educational content only, not investment advice by Univest (SEBI RA INH000013776).
Download the Univest iOS App or Univest Android App for live market data and daily research from SEBI registered analysts.
FAQs on Natural Gas Price Prediction For Tomorrow
What is the natural gas price prediction for tomorrow, Tuesday 4 August 2026?
Ans. The natural gas price prediction for tomorrow is cautiously bearish to neutral. MCX Natural Gas closed Monday at Rs 370 per MMBTU, down 1.33 percent on Iran peace talk-driven Strait risk reduction. Support is at Rs 355-360 and resistance at Rs 385-390 in the natural gas price prediction for tomorrow.
Which analysts have prepared the natural gas price prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have prepared the natural gas price prediction for tomorrow covering MCX technicals, NYMEX correlation and India CGD sector demand.
What is MCX Natural Gas support and resistance for the natural gas price prediction for tomorrow?
Ans. Support is at Rs 355-360 and Rs 340-345. The 200 DMA near Rs 320-330 is the long-term floor. Resistance is Rs 385-390 and Rs 400-410 in the natural gas price prediction for tomorrow.
How do Iran peace talks affect the natural gas price prediction for tomorrow?
Ans. Iran-US peace talks reduce the Strait of Hormuz LNG transit risk, which is bearish for natural gas. The Strait handles approximately 20 percent of global LNG trade. Removal of disruption premium is the primary driver of Monday’s fall and the natural gas price prediction for tomorrow’s bearish bias.
Which stocks are linked to the natural gas price prediction for tomorrow?
Ans. IGL (city gas distribution Delhi NCR), BPCL (refining beneficiary of lower gas input costs) and Reliance Industries (KG-D6 domestic upstream production) are the three stocks most directly linked to the natural gas price prediction for tomorrow.
