{"id":215968,"date":"2026-08-23T07:00:00","date_gmt":"2026-08-23T01:30:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=215968"},"modified":"2026-08-21T16:32:55","modified_gmt":"2026-08-21T11:02:55","slug":"natural-gas-price-prediction-for-monday-24-august-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/natural-gas-price-prediction-for-monday-24-august-2026\/","title":{"rendered":"Natural Gas Price Prediction for Tomorrow: MCX Levels and Outlook for Monday 24 August 2026"},"content":{"rendered":"
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MCX Natural Gas at Rs 266.40\/mmBtu (+2.03%) on 18 Aug 2026. High: Rs 266.80. Low: Rs 262.50. Support: Rs 257. Resistance: Rs 266.80.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The natural gas price prediction for Monday, Monday 24 August 2026, is sideways with a recovery bias. MCX Natural Gas recovered +2.03% to Rs 266.40\/mmBtu on 18 August after yesterday’s sharp 3.26% decline. Ankit Jaiswal notes that this is a short-covering bounce from oversold RSI levels (below 35 yesterday). Support for the natural gas price prediction for Monday is at Rs 257 and resistance at Rs 266.80. Kunal Singla warns the overall trend stays bearish until Rs 265 is reclaimed.<\/p>\n<\/div>\n

The natural gas price prediction for Monday follows a modest +2.03% recovery on 21 August 2026 after yesterday’s 3.26% crash. MCX Natural Gas opened at Rs 263.90, touched Rs 266.80, held a low of Rs 262.50, and settled at Rs 266.40. Ankit Jaiswal, Research Analyst at Univest, notes that this recovery is a short-covering bounce from deeply oversold conditions, not yet a trend reversal in the natural gas price prediction for Monday.<\/p>\n

Kunal Singla, Research Analyst at Univest, observes that the natural gas price prediction for Monday faces competing forces: oversold RSI (recovering from 32 to 35 yesterday toward 38 to 40 today) provides short-covering support, while fundamentals (above-average US gas inventory builds and tapering summer cooling demand) remain bearish. The natural gas price prediction for Monday will be definitively shaped by this week’s US EIA storage report.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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