{"id":169095,"date":"2026-07-24T16:34:11","date_gmt":"2026-07-24T11:04:11","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=169095"},"modified":"2026-07-24T16:34:12","modified_gmt":"2026-07-24T11:04:12","slug":"nifty-oil-gas-prediction-for-monday-27-july-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/","title":{"rendered":"Nifty Oil &#038; Gas Prediction for Monday, 27 July 2026: Reliance, ONGC and OMC Levels"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Nifty Oil &amp; Gas prediction for Monday 27 July: Reliance Rs 1,278 (+0.46%). ONGC Rs 248.76 (-1.43%). BPCL flat. MCX crude Rs 8,653 (-4.13%) is Monday&#8217;s key input.<\/em><\/p>\n<p>The Nifty Oil &amp; Gas prediction for Monday, 27 July 2026, hinges on a single question: was Friday&#8217;s 4.13% MCX crude correction the start of a cooling phase or a pause in the rally? The sector closed Friday split along business-model lines. Upstream and gas names fell with crude, as ONGC dropped 1.43% to Rs 248.76 and GAIL lost 1.15% to Rs 170.02, while refiner BPCL held flat at Rs 310.15 and integrated giant Reliance Industries rose 0.46% to Rs 1,278. Indian Oil eased 1.04% to Rs 138.47.<\/p>\n<p>Ankit Jaiswal, Senior Research Analyst at Univest, leads this Nifty Oil &amp; Gas prediction for Monday, with Kunal Singla, Associate Director, tracking the crude linkage. The sector had already fallen about 1% on Thursday, so a second question follows the first: how much bad news is priced in?<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=nifty-oil-gas-monday-27-july\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Stock_Data_Behind_the_Nifty_Oil_Gas_Prediction_for_Monday\" title=\"Stock Data Behind the Nifty Oil &amp; Gas Prediction for Monday\">Stock Data Behind the Nifty Oil &amp; Gas Prediction for Monday<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Nifty_Oil_Gas_Prediction_for_Monday_Stock-Wise_Levels\" title=\"Nifty Oil &amp; Gas Prediction for Monday: Stock-Wise Levels\">Nifty Oil &amp; Gas Prediction for Monday: Stock-Wise Levels<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Drivers_Behind_the_Nifty_Oil_Gas_Prediction_for_Monday\" title=\"Drivers Behind the Nifty Oil &amp; Gas Prediction for Monday\">Drivers Behind the Nifty Oil &amp; Gas Prediction for Monday<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Positioning_Around_the_Nifty_Oil_Gas_Prediction_for_Monday\" title=\"Positioning Around the Nifty Oil &amp; Gas Prediction for Monday\">Positioning Around the Nifty Oil &amp; Gas Prediction for Monday<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Disclaimer\" title=\"Disclaimer\">Disclaimer<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#What_is_the_Nifty_Oil_Gas_prediction_for_Monday_27_July_2026\" title=\"What is the Nifty Oil &amp; Gas prediction for Monday, 27 July 2026?\">What is the Nifty Oil &amp; Gas prediction for Monday, 27 July 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#How_does_the_crude_oil_price_affect_oil_and_gas_stocks_on_Monday\" title=\"How does the crude oil price affect oil and gas stocks on Monday?\">How does the crude oil price affect oil and gas stocks on Monday?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#What_are_the_Reliance_Industries_levels_for_Monday\" title=\"What are the Reliance Industries levels for Monday?\">What are the Reliance Industries levels for Monday?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Why_did_ONGC_fall_even_though_crude_is_above_100_dollars\" title=\"Why did ONGC fall even though crude is above 100 dollars?\">Why did ONGC fall even though crude is above 100 dollars?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Which_analysts_prepared_this_Nifty_Oil_Gas_prediction_for_Monday\" title=\"Which analysts prepared this Nifty Oil &amp; Gas prediction for Monday?\">Which analysts prepared this Nifty Oil &amp; Gas prediction for Monday?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nifty-oil-gas-prediction-for-monday-27-july-2026\/#Should_I_buy_OMC_stocks_like_Indian_Oil_and_BPCL_on_Monday\" title=\"Should I buy OMC stocks like Indian Oil and BPCL on Monday?\">Should I buy OMC stocks like Indian Oil and BPCL on Monday?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Stock_Data_Behind_the_Nifty_Oil_Gas_Prediction_for_Monday\"><\/span><strong>Stock Data Behind the Nifty Oil &amp; Gas Prediction for Monday<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\">\n<thead>\n<tr>\n<th style=\"border: 1px solid #D0D7E2; padding: 8px 12px; background: #1F4E79; color: #ffffff; text-align: left;\">Stock<\/th>\n<th style=\"border: 1px solid #D0D7E2; padding: 8px 12px; background: #1F4E79; color: #ffffff; text-align: left;\">NSE Close (Rs)<\/th>\n<th style=\"border: 1px solid #D0D7E2; padding: 8px 12px; background: #1F4E79; color: #ffffff; text-align: left;\">Day Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\"><a href=\"https:\/\/univest.in\/stocks\/reliance\/reliance-industries-ltd-share-price-today\">Reliance Industries<\/a><\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">1,278.00<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">+0.46%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\"><a href=\"https:\/\/univest.in\/blogs-2\/ongc-share-price-in-focus-block-deal-bloomberg\/\">ONGC<\/a><\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">248.76<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">-1.43%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\"><a href=\"https:\/\/univest.in\/blogs-2\/indian-oil-corporation-share-price-target-2026-analyst-forecast-bull-bear-case\/\">Indian Oil Corporation<\/a><\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">138.47<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">-1.04%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\"><a href=\"https:\/\/univest.in\/blogs-2\/bpcl-share-price-gains-after-q1-results-23-july-2026\/\">BPCL<\/a><\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">310.15<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">+0.10%<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\"><a href=\"https:\/\/univest.in\/blogs-2\/gail-india-share-price-target-2026\/\">GAIL<\/a><\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">170.02<\/td>\n<td style=\"border: 1px solid #D0D7E2; padding: 8px 12px;\">-1.15%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The dispersion tells the story: crude near 100 dollars squeezes marketers&#8217; margins and, counterintuitively on Friday, even upstream names sold off as MCX crude corrected. Reliance, hedged across refining, petrochemicals, retail and telecom, was the only clear winner. That business-model sorting shapes the Nifty Oil &amp; Gas prediction for Monday.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nifty_Oil_Gas_Prediction_for_Monday_Stock-Wise_Levels\"><\/span><strong>Nifty Oil &amp; Gas Prediction for Monday: Stock-Wise Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Reliance Industries:<\/strong> Support at Rs 1,250, Friday&#8217;s low; resistance at Rs 1,283, with a close above opening Rs 1,300.<\/li>\n<li><strong>ONGC:<\/strong> Support at Rs 248, resistance at Rs 253.50; the stock tracks every crude headline tick for tick.<\/li>\n<li><strong>Indian Oil:<\/strong> Support at Rs 136.78, resistance at Rs 139; marketing margin relief needs crude decisively below 95 dollars.<\/li>\n<li><strong>BPCL:<\/strong> The steadiest OMC chart; support at Rs 305.50 and resistance at Rs 311.80.<\/li>\n<li><strong>GAIL:<\/strong> Support at Rs 167.27, resistance at Rs 171.20; gas transmission volumes keep the downside contained.<\/li>\n<\/ul>\n<p>Ankit Jaiswal observes that Monday&#8217;s MCX crude open is the sector&#8217;s opening bell in miniature: a follow-through decline toward Rs 8,400 would lift OMCs and pressure ONGC, while a bounce past Rs 8,850 reverses those roles. He has flagged Reliance above Rs 1,283 as the trade that works in either crude scenario, given its diversified earnings base.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Screen oil, gas and energy stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Drivers_Behind_the_Nifty_Oil_Gas_Prediction_for_Monday\"><\/span><strong>Drivers Behind the Nifty Oil &amp; Gas Prediction for Monday<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Crude direction:<\/strong> Brent above 100 dollars with Iran rejecting the ceasefire proposal keeps supply risk alive; MCX August crude corrected to Rs 8,653 on Friday.<\/li>\n<li><strong>Marketing margins:<\/strong> Every 5-dollar move in Brent shifts OMC profitability materially; petrol near Rs 111 per litre reflects the pass-through stress.<\/li>\n<li><strong>Windfall considerations:<\/strong> Sustained triple-digit crude revives the policy debate around upstream levies, a headline risk for ONGC and Oil India.<\/li>\n<li><strong>Market linkage:<\/strong> The <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> recovered to 23,767.45 as crude cooled on Friday, the <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a> closed at 76,059.77, and <a href=\"https:\/\/univest.in\/indices\/nifty-bank\/nifty-bank-share-price-today\">Bank Nifty<\/a> ended 0.18% higher at 56,693.50; the whole tape now trades crude first.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Positioning_Around_the_Nifty_Oil_Gas_Prediction_for_Monday\"><\/span><strong>Positioning Around the Nifty Oil &amp; Gas Prediction for Monday<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Trade the sector in pairs: OMCs long against upstream when crude falls, reversed when it rallies, with Reliance as the all-weather core. Rate-sensitive financials such as <a href=\"https:\/\/univest.in\/stocks\/hdfcbank\/hdfc-bank-ltd-share-price-today\">HDFC Bank<\/a> and <a href=\"https:\/\/univest.in\/stocks\/icicibank\/icici-bank-ltd-share-price-today\">ICICI Bank<\/a> give a live read on how the bond market is digesting each crude move, both closing steady on Friday.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to follow oil and gas stocks alongside live MCX crude.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Nifty Oil &amp; Gas prediction for Monday, 27 July 2026, is neutral at the index level with sharply defined stock-wise trades: Reliance above Rs 1,283 works in either crude scenario, OMCs need crude below 95 dollars for real relief, and ONGC mirrors every headline. Ankit Jaiswal and Kunal Singla flag Monday&#8217;s MCX crude open as the sector&#8217;s decisive input. Consult a SEBI-registered advisor before trading.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Disclaimer\"><\/span><strong>Disclaimer<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Nifty_Oil_Gas_prediction_for_Monday_27_July_2026\"><\/span><strong>What is the Nifty Oil &amp; Gas prediction for Monday, 27 July 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Nifty Oil &amp; Gas prediction for Monday is neutral with stock-specific trades. On Friday Reliance rose 0.46% to Rs 1,278 while ONGC fell 1.43%, GAIL lost 1.15% and BPCL held flat as MCX crude corrected 4.13%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_the_crude_oil_price_affect_oil_and_gas_stocks_on_Monday\"><\/span><strong>How does the crude oil price affect oil and gas stocks on Monday?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Falling crude lifts oil marketing companies by easing fuel-margin pressure but weighs on upstream producers like ONGC; a crude rally reverses both effects. Monday&#8217;s MCX open near Rs 8,653 is the key input.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Reliance_Industries_levels_for_Monday\"><\/span><strong>What are the Reliance Industries levels for Monday?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Reliance has support at Rs 1,250 and resistance at Rs 1,283. A close above Rs 1,283 opens Rs 1,300, and its diversified model makes it the flagged all-weather trade in the Nifty Oil &amp; Gas prediction for Monday.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_ONGC_fall_even_though_crude_is_above_100_dollars\"><\/span><strong>Why did ONGC fall even though crude is above 100 dollars?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MCX crude corrected 4.13% on Friday, and ONGC tracks the direction of crude moves closely. Windfall-levy headline risk during triple-digit crude phases also caps upstream enthusiasm.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_analysts_prepared_this_Nifty_Oil_Gas_prediction_for_Monday\"><\/span><strong>Which analysts prepared this Nifty Oil &amp; Gas prediction for Monday?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Ankit Jaiswal, Senior Research Analyst at Univest, leads the Nifty Oil &amp; Gas prediction for Monday, 27 July 2026, with Kunal Singla, Associate Director, tracking the crude linkage.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_OMC_stocks_like_Indian_Oil_and_BPCL_on_Monday\"><\/span><strong>Should I buy OMC stocks like Indian Oil and BPCL on Monday?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> OMCs need crude sustainably below 95 dollars for meaningful margin relief. BPCL at Rs 310.15 shows the steadiest chart, but position only with the crude trend confirmed and consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Nifty Oil & Gas prediction for Monday, 27 July 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The Nifty Oil & Gas prediction for Monday is neutral with stock-specific trades. On Friday Reliance rose 0.46% to Rs 1,278 while ONGC fell 1.43%, GAIL lost 1.15% and BPCL held flat as MCX crude corrected 4.13%.\"}},{\"@type\":\"Question\",\"name\":\"How does the crude oil price affect oil and gas stocks on Monday?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Falling crude lifts oil marketing companies by easing fuel-margin pressure but weighs on upstream producers like ONGC; a crude rally reverses both effects. Monday's MCX open near Rs 8,653 is the key input.\"}},{\"@type\":\"Question\",\"name\":\"What are the Reliance Industries levels for Monday?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Reliance has support at Rs 1,250 and resistance at Rs 1,283. A close above Rs 1,283 opens Rs 1,300, and its diversified model makes it the flagged all-weather trade in the Nifty Oil & Gas prediction for Monday.\"}},{\"@type\":\"Question\",\"name\":\"Why did ONGC fall even though crude is above 100 dollars?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"MCX crude corrected 4.13% on Friday, and ONGC tracks the direction of crude moves closely. Windfall-levy headline risk during triple-digit crude phases also caps upstream enthusiasm.\"}},{\"@type\":\"Question\",\"name\":\"Which analysts prepared this Nifty Oil & Gas prediction for Monday?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Ankit Jaiswal, Senior Research Analyst at Univest, leads the Nifty Oil & Gas prediction for Monday, 27 July 2026, with Kunal Singla, Associate Director, tracking the crude linkage.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy OMC stocks like Indian Oil and BPCL on Monday?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"OMCs need crude sustainably below 95 dollars for meaningful margin relief. BPCL at Rs 310.15 shows the steadiest chart, but position only with the crude trend confirmed and consult a SEBI-registered advisor.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nifty Oil &#038; Gas prediction for Monday 27 July 2026: the crude correction splits the sector by business model. 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