Natural Gas Prediction for Monday, 16 November 2026

This natural gas prediction for Monday follows a Friday, 13 November 2026 session in which natural gas futures on MCX fell 1.37 percent to Rs 308.80 per mmBtu on the 24 November contract, against a previous settlement of 313.10, inside a range of 7.80 rupees.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking global cues and currency moves ahead of Monday's session, the next regular trading day after Friday's close.

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What Friday Told Us

• Natural gas fell 1.37 percent to Rs 308.80 per mmBtu on the 24 November 2026 futures contract, with a high of 316.40 and a low of 308.60.
• 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).

Natural Gas Prediction for Monday: Key Levels

Natural gas (24 November 2026 futures) traded between 308.60 and 316.40 on Friday, opened at 314.80, against a previous settlement of 313.10, and was at 308.80 when the data was pulled. On the downside, 308.60 is the first reference level to watch if the day's move is tested. On the upside, 313.10, 314.80 and 316.40 mark the nearest resistance. Univest's analysts treat these as reference points drawn from Friday's trading range, not as targets.

Trend	Support	Resistance
Negative	308.60	313.10, 314.80, 316.40

MCX contracts keep trading into the evening, so the live price can differ from these figures. The levels here use the 24 November 2026 futures contract and its previous settlement of 313.10.

For traders, the natural gas prediction for Monday is a framework for planning risk, with position size and stop levels left to the individual.

Key Drivers for Monday

• Natural gas fell 1.37 percent from a previous settlement of 313.10 and traded below its open of 314.80.
• The 28 December contract was at 349.20, down 0.74 percent and still well above the November contract, which suggests the market prices higher gas later in the winter.
• Weather forecasts and storage data remain the usual external drivers for MCX prices.

Ankit Jaiswal and Kunal Singla suggest revisiting this natural gas prediction for Monday after the first thirty minutes of Monday's trade.

Anyone following the natural gas prediction for Monday should keep the opening range in view before reading too much into early moves.

Nothing in this natural gas prediction for Monday is a promise of returns, and every level quoted can fail.

What to Watch Alongside Natural Gas

Crude oil rose 0.07 percent to Rs 8,306.00 per barrel, so natural gas fell while crude edged up, which fits the view that gas is driven more by weather and storage than by crude. The gap between the November and December contracts is large, so rolls near expiry can distort prices.

In short, the natural gas prediction for Monday rests on Friday's verified prices 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 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 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. 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. 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. 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. 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 natural 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 natural gas needs a recovery toward 313.10, the previous settlement, to improve the tone, with 308.60 the first support.

Ankit Jaiswal flags that a move below 308.60, the low, would extend the fall, while 314.80, the open, is the upper level to clear

Both analysts stress that the natural gas prediction for Monday is a view built on levels and data, not a forecast of returns.

A fair reading of this natural 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 natural 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 natural gas prediction for Monday relies on Friday's close rather than any live price.

MCX contracts were still trading when the data was pulled at 3:39 PM IST and keep trading into the evening, so prices at the time you read this can differ from the figures above. The levels use the 24 November 2026 futures contract.

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Risks to This Prediction

• A rebound above the previous settlement of 313.10 would soften the weak tone, while a break below the low of 308.60 would deepen it.
• A cold-weather forecast could reverse the fall quickly, since gas prices react sharply to forecast changes.
• The November contract approaches expiry on 24 November, so rolls into December can distort prices.

Readers comparing views should note that this natural gas prediction for Monday draws only on Friday's closing numbers and the factors listed here.

As with any natural 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 natural gas prediction for Monday leans mildly cautious into 16 November 2026, with weather forecasts and storage data 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 natural gas prediction for Monday?

Ans. It is mildly cautious for 16 November 2026, after Natural gas fell 1.37 percent to Rs 308.80 per mmBtu 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 natural gas fell on Friday?

Ans. Natural gas fell 1.37 percent to Rs 308.80 per mmBtu. The specific reason was not independently confirmed.

What levels matter for natural gas on Monday?

Ans. Support sits near 308.60. Resistance sits near 313.10, 314.80 and 316.40.

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.