Zinc Prediction for Monday, 26 October 2026

October 23, 2026
Posted by: Kunal Singla
Category: Uncategorized

Zinc traded at Rs 417.15 per kg on MCX, up 0.51%, on the 30 October 2026 futures. Nifty 50 fell 0.39%. India VIX rose 6.98% to 16.86. Next session is Monday, 26 October.

Quick Answer

The zinc prediction for monday is steady for Monday, 26 October 2026. Zinc traded at Rs 417.15 per kg on the 30 October futures, up 0.51 percent, after recovering from a low of 409.55. The previous close was 415.05, and the price remains about 1.4 percent below Wednesday’s close of 423.10.

This zinc prediction for monday follows a Friday, 23 October 2026 session in which zinc futures on MCX rose 0.51 percent after recovering from a low of 409.55, though the price is still about 1.4 percent below Wednesday’s close of 423.10.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking zinc and global cues through the weekend, with the next trading session on Monday, 26 October 2026.

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Table of Contents

What Friday Told Us

Zinc traded at Rs 417.15 per kg, up 0.51 percent on the 30 October 2026 futures, with a high of 418.50 and a low of 409.55.
Nifty 50 fell 0.39 percent.
India VIX rose 6.98 percent to 16.86.

Zinc Prediction for Monday: Key Levels

Zinc (30 October 2026 futures) traded between 409.55 and 418.50 on Friday, against a previous close of 415.05, and settled at 417.15. On the downside, 415.05 and 409.55 are the first reference levels to watch if the day’s move is tested. On the upside, 418.50 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Friday’s trading range, not as targets.

Trend	Support	Resistance
Positive	415.05, 409.55	418.50

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 zinc prediction for monday is a framework for planning risk, with position size and stop levels left to the individual.

Key Drivers for Monday

Zinc rose 0.51 percent on the MCX 30 October contract, with a high of 418.50 and a low of 409.55.
The price recovered about 7.60 from the low, so buyers stepped in after the early weakness.
Zinc is used in galvanising, so construction and auto demand signals matter.

Ankit Jaiswal and Kunal Singla suggest revisiting this zinc prediction for monday after the first thirty minutes of Monday’s trade.

Anyone following this zinc prediction for monday should keep the next session’s opening range in view before reading too much into early moves.

What to Watch Alongside Zinc

Hindustan Zinc and Vedanta are the large listed names linked to zinc prices, and the Nifty Metal index fell 2.71 percent on Friday. Univest is not tracking a specific stock move beyond the index.

How Friday’s Broader Session Unfolded

The Nifty 50 closed at 22,600.00, down 0.39 percent, with a high of 22,787.25 and a low of 22,372.00. The Sensex closed at 73,123.83, down 0.17 percent, and the Bank Nifty closed at 54,287.35, down 1.16 percent. India VIX, the market’s fear gauge, rose 6.98 percent to 16.86, which points to higher expected swings in the near term. The Nifty 50 has fallen about 2.4 percent over the holiday-shortened week from last Friday’s close of 23,146.15. The Nifty Midcap 50 fell 2.10 percent and the Nifty Next 50 fell 2.26 percent, so selling was heavier outside the Nifty 50. Nifty Metal fell 2.71 percent and Nifty PSU Bank fell 2.26 percent, while Nifty IT fell 0.27 percent. The trigger for the broad fall was not independently confirmed.

Univest’s analysts suggest treating this zinc prediction for monday as a preparation note for Monday, 26 October 2026, rather than a signal that changes over the weekend.

Analyst View for Monday

Kunal Singla suggests that zinc can hold gains above 415.05, the previous close, with 418.50 the resistance to clear.

Ankit Jaiswal flags that the recovery of about 7.60 from the low shows buyers defended the area near 410, but the price is still below Wednesday’s level.

This zinc prediction for monday will be most useful when read alongside the support and resistance table above.

Why This Is Written for Monday

This zinc prediction for monday is written after the close on Friday, 23 October 2026, using Friday’s closing data, for the next regular trading session on Monday, 26 October 2026. Indian equity markets are closed on Saturday, 24 October, and Sunday, 25 October, so Friday’s closing prices remain the last cash-market data until trading resumes on Monday. Treat it as a briefing to prepare for that session, not a live call that updates over the weekend.

MCX futures trade late into Friday night and then pause for the weekend, so global moves after Friday’s close can open Monday with a gap.

A fair reading of this zinc prediction for monday is that Friday’s data sets the context, while Monday’s first hour decides how much of it carries forward.

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Risks to This Prediction

A weaker global growth signal over the weekend could pull zinc back toward Friday’s low.
A firmer US Dollar Index typically weighs on base metals.
After a recovery from the low, the price could stall near 418.50.

Readers comparing views should note that this zinc prediction for monday draws only on Friday’s closing numbers and the factors listed here.

As with any zinc prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.

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The zinc prediction for monday also depends on India VIX, so a fresh rise in volatility would weaken the case made here.

Conclusion

The zinc prediction for monday leans steady into 26 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 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 zinc prediction for monday?

Ans. It is steady for 26 October 2026, after Zinc traded at Rs 417.15 per kg on Friday, up 0.51 percent.

Why is this a prediction for Monday, 26 October 2026?

Ans. Because Indian equity markets are closed on Saturday and Sunday, so the next regular trading session after Friday, 23 October 2026, is Monday, 26 October 2026.

Why did zinc rise on Friday?

Ans. Zinc rose 0.51 percent on the MCX 30 October contract after recovering from a low of 409.55. The specific reason was not independently confirmed.

What are the key zinc levels for Monday?

Ans. Friday’s low of 409.55 and the previous close of 415.05 are support below the price, while Friday’s high of 418.50 is 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.

MCX zinc

Author: Kunal Singla

Kunal Singla is the Associate Director - Research at Univest, leading quantitative equity research, intraday trading setups, and derivatives strategy. With 4+ years of experience in Indian equity markets, he combines rigorous quantitative methods with classical technical analysis to build high-conviction research frameworks for retail and advisory clients. He holds an MSc from the Indian Institute of Technology (IIT) Delhi — one of India's most selective institutions — and has completed the Certificate in Quantitative Finance (CQF), a globally recognised programme covering derivatives pricing, risk modelling, machine learning for finance, and advanced portfolio theory. This combination places him in a small group of Indian analysts with both deep academic training in quantitative methods and SEBI-recognised research credentials. Kunal holds seven SEBI-recognised NISM certifications spanning research, derivatives, portfolio management, and securities operations: Series-XV (Research Analyst), Series-XXI-A (Portfolio Managers), Series-XVI (Commodity Derivatives), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-V-A (Mutual Fund Distributors), and Series-I (Currency Derivatives). At Univest — India's SEBI-registered research and advisory platform — Kunal leads research inputs for Pro Lite, Pro Super, Pro Gold, and Pro Commodity advisory services, alongside publishing intraday stock picks on Univest Blogs.