Copper Prediction for Tomorrow, 22 October 2026
- October 21, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Copper traded at Rs 1,385.80 per kg on MCX, down 0.92%, on the 30 October 2026 futures. Nifty 50 fell 0.34%. India VIX rose 6.16% to 15.68. Next session is tomorrow, Thursday 22 October.
Quick Answer
The copper prediction for tomorrow is cautious for tomorrow, 22 October 2026. Copper traded at Rs 1,385.80 per kg on the 30 October futures, down 0.92 percent, and sits at almost the day’s low of 1,385.60. The previous close was 1,398.65.
This copper prediction for tomorrow follows a Wednesday, 21 October 2026 session in which copper futures on MCX fell 0.92 percent and closed at almost the day’s low of 1,385.60.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking copper and global cues ahead of the session tomorrow, which falls on Thursday, 22 October 2026.
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What Wednesday Told Us
- Copper traded at Rs 1,385.80 per kg, down 0.92 percent on the 30 October 2026 futures, with a high of 1,400.70 and a low of 1,385.60.
- Nifty 50 fell 0.34 percent.
- India VIX rose 6.16 percent to 15.68.
Copper Prediction for Tomorrow: Key Levels
Copper (30 October 2026 futures) traded between 1,385.60 and 1,400.70 on Wednesday, against a previous close of 1,398.65, and settled at 1,385.80. On the downside, 1,385.60 is the first reference level to watch if the day’s move is tested. On the upside, 1,398.65 and 1,400.70 mark the nearest resistance. Univest’s analysts treat these as reference points drawn from Wednesday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Negative | 1,385.60 | 1,398.65, 1,400.70 |
MCX contracts keep trading into the evening, so the last traded price can differ from the figures above by the time you read this. The levels here use the 30 October 2026 contract.
For traders, this copper prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Tomorrow
- Copper fell 0.92 percent on the MCX 30 October contract, with a high of 1,400.70 and a low of 1,385.60.
- The price closed within 0.20 of the low, so sellers held control through the close.
- Copper is widely read as a signal of industrial demand, and a close at the low is a weak sign.
Anyone following this copper prediction for tomorrow should keep the next session’s opening range in view before reading too much into early moves.
What to Watch Alongside Copper
Hindalco Industries and Vedanta are the large metal stocks often linked to copper prices, and the Nifty Metal index fell 1.71 percent on Wednesday, in line with copper. Univest is not tracking a specific stock move beyond the index.
How Wednesday’s Broader Session Unfolded
The Nifty 50 closed at 22,811.35, down 0.34 percent, with a high of 23,120.90 and a low of 22,649.90. The Sensex closed at 73,709.69, down 0.19 percent, and the Bank Nifty closed at 54,976.90, down 0.92 percent. India VIX, the market’s fear gauge, rose 6.16 percent to 15.68, which points to wider expected swings in the near term. Wednesday was the first session after Tuesday’s Dussehra holiday and followed Monday’s 1.11 percent fall. The Nifty 50 recovered from an intraday low of 22,649.90, with Nifty IT up 2.88 percent offsetting falls of 1.71 percent in Nifty Metal and 1.54 percent in Nifty Auto. The trigger for the broad move was not independently confirmed.
Univest’s analysts suggest treating this copper prediction for tomorrow as a preparation note for Thursday, 22 October 2026, rather than a signal that changes overnight.
Analyst View for Tomorrow
Kunal Singla suggests that copper needs to reclaim 1,398.65 before the tone improves, with 1,385.60 the support to watch.
Ankit Jaiswal flags that copper fell with zinc, silver and Nifty Metal, so the weakness looks like a broad metals move.
This copper prediction for tomorrow will be most useful when read alongside the support and resistance table above.
Why This Is Written for Tomorrow
This copper prediction for tomorrow is written after the close on Wednesday, 21 October 2026, using Wednesday’s closing data, for the next trading session on Thursday, 22 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.
MCX futures trade into Wednesday night, so global moves late on Wednesday can shift Thursday’s opening price.
A fair reading of this copper prediction for tomorrow is that Wednesday’s data sets the context, while Thursday’s first hour decides how much of it carries forward.
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Risks to This Prediction
- A weaker global growth signal overnight could extend the fall.
- A firmer US Dollar Index typically weighs on base metals.
- A sharp rebound is possible after a close at the low.
Readers comparing views should note that this copper prediction for tomorrow draws only on Wednesday’s closing numbers and the factors listed here.
As with any copper prediction for tomorrow, the opening minutes of Thursday’s trade will confirm or challenge the levels discussed here.
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The copper prediction for tomorrow also depends on India VIX, so a fresh rise in volatility would weaken the case made here.
Conclusion
The copper prediction for tomorrow leans cautious into 22 October 2026, with global cues and the US Dollar Index as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Thursday’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 copper prediction for tomorrow?
Ans. It is cautious for 22 October 2026, after Copper traded at Rs 1,385.80 per kg on Wednesday, down 0.92 percent.
Why is this a prediction for tomorrow, 22 October 2026?
Ans. Because it is written after the close on Wednesday, 21 October 2026, for the next regular trading session on Thursday, 22 October 2026.
Why did copper fall on Wednesday?
Ans. Copper fell 0.92 percent on the MCX 30 October contract. The specific reason was not independently confirmed.
What levels matter for copper tomorrow?
Ans. Wednesday’s low of 1,385.60 is the nearest support below the price, while the previous close of 1,398.65 and Wednesday’s high of 1,400.70 are the nearest resistance.
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.
