Copper Prediction for Monday, 16 November 2026
- November 13, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Copper fell 0.83% to Rs 1,317.20 per kg. Nifty 50 fell 0.61% to 25,144.30 on Friday. India VIX fell 5.05% to 15.78. Next regular session is Monday, 16 November.
Quick Answer
The copper prediction for Monday is mildly cautious for Monday, 16 November 2026. Copper fell 0.83 percent to Rs 1,317.20 per kg on the 30 November 2026 futures contract, after trading between 1,313.00 and 1,331.50. The price sat 14.30 rupees below the high of 1,331.50 and 4.20 rupees above the low of 1,313.00, so the contract was nearer the low of its range. The high of 1,331.50 rose above the previous settlement of 1,328.20, but the contract could not hold there. The range of 18.50 rupees was wider than Thursday’s, so volatility picked up.
This copper prediction for Monday follows a Friday, 13 November 2026 session in which copper futures on MCX fell 0.83 percent to Rs 1,317.20 per kg on the 30 November contract, against a previous settlement of 1,328.20, inside a range of 18.50 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
- Copper fell 0.83 percent to Rs 1,317.20 per kg on the 30 November 2026 futures contract, with a high of 1,331.50 and a low of 1,313.00.
- 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).
Copper Prediction for Monday: Key Levels
Copper (30 November 2026 futures) traded between 1,313.00 and 1,331.50 on Friday, opened at 1,330.45, against a previous settlement of 1,328.20, and was at 1,317.20 when the data was pulled. On the downside, 1,313.00 is the first reference level to watch if the day’s move is tested. On the upside, 1,328.20, 1,330.45 and 1,331.50 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 | 1,313.00 | 1,328.20, 1,330.45, 1,331.50 |
MCX contracts keep trading into the evening, so the live price can differ from these figures. The levels here use the 30 November 2026 futures contract and its previous settlement of 1,328.20.
For traders, the copper prediction for Monday is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Monday
- Copper fell 0.83 percent from a previous settlement of 1,328.20 and traded below its open of 1,330.45.
- Zinc fell 0.94 percent on the same day, so base metals fell together.
- Global growth data and the US Dollar Index remain the usual external drivers for MCX prices.
Ankit Jaiswal and Kunal Singla flag the first half hour of Monday’s trade as the point to revisit this copper prediction for Monday.
Anyone following the copper prediction for Monday should keep the opening range in view before reading too much into early moves.
Nothing in this copper prediction for Monday is a promise of returns, and every level quoted can fail.
What to Watch Alongside Copper
Zinc fell 0.94 percent to Rs 404.50 per kg, so base metals fell together. Nifty Metal fell 0.98 percent to 12,647.90, so listed metal shares and MCX metal futures moved the same way.
In short, the copper 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
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. 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. 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. 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 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 copper 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 copper needs a recovery toward 1,328.20, the previous settlement, to improve the tone, with 1,313.00 the first support.
Ankit Jaiswal flags that a move below 1,313, the low, would extend the fall, while 1,330.45, the open, and 1,331.50, the high, are the upper levels to clear
Both analysts stress that the copper prediction for Monday is a view built on levels and data, not a forecast of returns.
A fair reading of this copper 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 copper 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 copper 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 30 November 2026 futures contract.
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Risks to This Prediction
- A rebound above the previous settlement of 1,328.20 would soften the weak tone, while a break below the low of 1,313.00 would deepen it.
- A stronger US Dollar Index could weigh further on the contract.
- A wider range than Thursday shows volatility is picking up, so levels can break faster.
Readers comparing views should note that this copper prediction for Monday draws only on Friday’s closing numbers and the factors listed here.
As with any copper prediction for Monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.
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Conclusion
The copper prediction for Monday leans mildly cautious into 16 November 2026, with global growth data 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 copper prediction for Monday?
Ans. It is mildly cautious for 16 November 2026, after Copper fell 0.83 percent to Rs 1,317.20 per kg 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 copper fell on Friday?
Ans. Copper fell 0.83 percent to Rs 1,317.20 per kg. The specific reason was not independently confirmed.
What levels matter for copper on Monday?
Ans. Support sits near 1,313.00. Resistance sits near 1,328.20, 1,330.45 and 1,331.50.
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.
