Nifty Oil and Gas Prediction for Monday, 16 November 2026 (Including F&O)
- November 13, 2026
- Posted by: Kunal Singla
- Category: Uncategorized
ONGC rose 0.22% to 225.00. Nifty 50 fell 0.61% to 25,144.30 on Friday. India VIX fell 5.05% to 15.78. Next regular session is Monday, 16 November.
Quick Answer
The nifty oil and gas prediction for Monday is balanced for Monday, 16 November 2026. ONGC rose 0.22 percent to 225.00 on Friday after opening at 225.50 and trading between 225.00 and 226.80. The stock stayed above the previous close of 224.50 all day, since its low of 225.00 sat above it. It rose while the Nifty 50 fell 0.61 percent, so it outperformed the market.
This nifty oil and gas prediction for Monday follows a Friday, 13 November 2026 session in which ONGC, the lead stock for the oil and gas space, rose 0.22 percent to Rs 225.00, finishing at the low of the day but still above the previous close after a higher open at 225.50.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning ahead of Monday’s session, the next regular trading day after Friday’s close.
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What Friday Told Us
- ONGC rose 0.22 percent to Rs 225.00, with a high of 226.80 and a low of 225.00.
- Nifty 50 fell 0.61 percent to 25,144.30.
- India VIX fell 5.05 percent to 15.78.
- Most active among the stocks Univest tracked: Zee Entertainment (about 47.5 million shares), HDFC Bank (about 23.4 million) and Reliance Industries (about 13.8 million).
Nifty Oil and Gas Prediction for Monday: Key Levels
ONGC traded between 225.00 and 226.80 on Friday, against a previous close of 224.50, and settled at 225.00. On the downside, 224.50 is the first reference level to watch if the day’s move is tested. On the upside, 225.50 and 226.80 mark the nearest resistance. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Neutral | 224.50 | 225.50, 226.80 |
Univest tracks ONGC as the lead constituent for the Nifty Oil and Gas space, so the levels above are for ONGC, not the index.
For traders, the nifty oil and gas prediction for Monday is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Monday
- ONGC rose 0.22 percent, with a high of 226.80 and a low of 225.00.
- ONGC opened at 225.50, above the previous close of 224.50, and ended 0.50 below the open.
- MCX crude oil rose 0.07 percent to Rs 8,306.00, a small move, so ONGC’s gain of 0.22 percent was also small.
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 the nifty oil and gas prediction for Monday should keep the 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
ONGC is the largest listed oil and gas producer, so its stock tracks crude prices closely. Reliance Industries closed unchanged at Rs 1,339.70, so the heavyweights in the space were quiet on the day.
In the F&O segment, the Nifty options data Univest checked shows the nearest expiry on 17 November 2026. Call open interest was highest at the 25,500 strike and put open interest at the 25,000 strike, with a put-call ratio of approximately 0.83, which means call open interest is larger than put open interest. India VIX fell 5.05 percent to 15.78. Univest’s analysts treat these strikes as reference points for the broader market, not as predictions for Nifty Oil and Gas.
In short, the nifty oil and gas prediction for Monday rests on Friday’s verified close and the overnight risks listed below.
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 25,144.30 on Friday, down 0.61 percent from Thursday’s close of 25,299.35. It opened at 25,209.85, touched a high of 25,246.35, fell to 25,054.40 and finished about 90 points above the low. The Sensex closed at 81,592.45, down 0.39 percent, while the Bank Nifty closed at 61,034.10, down 0.79 percent, after opening at its high of 61,300.55. Nifty Next 50 fell 0.83 percent and the Nifty 500 fell 0.55 percent, while Nifty Midcap 50 was almost flat, down 0.04 percent, so mid-caps held up better than the large-cap benchmark. Nifty Auto fell 1.07 percent and Nifty Metal fell 0.98 percent, while Nifty FMCG was almost flat, down 0.01 percent, and Nifty PSU Bank fell 0.51 percent. India VIX, the market’s fear gauge, fell 5.05 percent to 15.78 from 16.62, after trading between 15.30 and 16.88 during the day. In the options market, the Nifty put-call ratio was approximately 0.83, with call open interest highest at the 25,500 strike and put open interest highest at 25,000, for the 17 November expiry. The trigger for Friday’s moves was not independently confirmed.
Placed against that backdrop, the nifty oil and gas prediction for Monday reads Friday’s move in the context of a broader market that closed lower.
Analyst View for Monday
Kunal Singla suggests that ONGC can hold above 224.50, the previous close, with 225.50 the first resistance.
Ankit Jaiswal flags that the close at the day’s low of 225 is a soft spot, so a fresh low below that level would weaken the tone
Both analysts stress that the nifty oil and gas prediction for Monday is a view built on levels and data, not a forecast of returns.
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 on Friday, 13 November 2026, after the close, using today’s closing data, for the next regular trading session on Monday, 16 November 2026. NSE and BSE traded as normal today, Saturday and Sunday are non-trading days, and Monday is a regular session with no exchange holiday.
Because the equity market is shut for the day, the nifty oil and gas prediction for Monday relies on Friday’s close rather than any live price.
Overseas markets and currency moves over the weekend can open Monday with a gap in either direction. Treat this as a briefing to prepare for the session, not a live call that updates through the day.
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Risks to This Prediction
- A fall back below the previous close of 224.50 would erase the gain.
- Weakness in crude oil would weigh on producers like ONGC.
- ONGC closed at the low of the day, so the gain could slip away if selling resumes.
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.
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.
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Conclusion
The nifty oil and gas prediction for Monday leans balanced into 16 November 2026, with crude oil prices and gas realisations as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Monday’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 nifty oil and gas prediction for Monday?
Ans. It is balanced for 16 November 2026, after ONGC rose 0.22 percent to 225.00 on Friday.
Why is this a prediction for Monday, 16 November 2026?
Ans. Because this note is published on Friday, 13 November 2026, after the close, and the next regular trading session is Monday, 16 November 2026. Saturday and Sunday are non-trading days, and there is no exchange holiday on Monday.
Why did ONGC rose on Friday?
Ans. ONGC rose 0.22 percent to 225.00. The specific trigger was not independently confirmed.
What levels matter for ONGC on Monday?
Ans. Support sits near 224.50. Resistance sits near 225.50 and 226.80.
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.
