Copper Prediction for Monday, 9 November 2026

November 6, 2026
Posted by: Ankit Jaiswal
Category: Uncategorized

Copper traded at Rs 1,340.00 per kg on MCX, down 0.83%, on the 30 November 2026 futures. Nifty 50 rose 2.01%. India VIX rose 12.77% to 17.57. Next regular session is Monday, 9 November.

Quick Answer

The copper prediction for monday is mildly cautious for Monday, 9 November 2026. Copper traded at Rs 1,340.00 per kg on the 30 November futures, down 0.83 percent, and sits below the previous settlement of 1,351.15. The contract opened at its high of 1,348.00 and fell to 1,327.40 before recovering about 12.6 rupees.

This copper prediction for monday follows a Friday, 6 November 2026 session in which copper futures on MCX fell 0.83 percent on the 30 November contract after opening at the high and sliding below the previous settlement.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking copper and global cues through the weekend, with the next regular trading session on Monday, 9 November 2026.

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Table of Contents

What Friday Told Us

Copper traded at Rs 1,340.00 per kg, down 0.83 percent on the 30 November 2026 futures, with a high of 1,348.00 and a low of 1,327.40.
Nifty 50 rose 2.01 percent.
India VIX rose 12.77 percent to 17.57.

Copper Prediction for Monday: Key Levels

Copper (30 November 2026 futures) traded between 1,327.40 and 1,348.00 on Friday, against a previous close of 1,351.15, and settled at 1,340.00. On the downside, 1,327.40 is the first reference level to watch if the day’s move is tested. On the upside, 1,348.00 and 1,351.15 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	1,327.40	1,348.00, 1,351.15

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 November 2026 contract.

For traders, this 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 on the MCX 30 November contract, with a high of 1,348.00 and a low of 1,327.40.
The contract opened at the high and never traded above it, so early buying was not held.
Zinc fell 0.45 percent, so base metals were weak together.

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

Anyone following this copper prediction for monday should keep the next session’s 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

Hindalco and Hindustan Copper are the large listed names linked to copper, and the Nifty Metal index rose 0.76 percent on Friday. Univest is not tracking a specific stock move beyond the index, and metal equities held up better than the futures.

In short, the copper prediction for monday rests on Friday’s verified close and the weekend risks listed below.

How Friday’s Broader Session Unfolded

The Nifty 50 closed at 25,030.35, up 2.01 percent, and finished at the high of the day after opening almost unchanged and climbing about 642 points from a low of 24,388.05. It closed above the 25,000 mark and about 8.6 percent above last Friday’s close of 23,053.10. The Sensex closed at 81,028.02, up 2.17 percent, and the Bank Nifty closed at 59,086.00, up 2.27 percent, also at the day’s high. This was the sixth straight daily gain for both the Nifty 50 and the Sensex. India VIX, the market’s fear gauge, rose 12.77 percent to 17.57 even as the indices climbed, which points to traders pricing in wider swings. The Nifty Midcap 50 rose 0.33 percent and the Nifty 500 rose 1.01 percent, while the Nifty Smallcap 250 fell 0.84 percent, so large caps led the rise. Nifty Private Bank rose 3.22 percent and Nifty Financial Services rose 2.57 percent, while Nifty IT rose only 0.43 percent and Nifty PSU Bank rose 0.60 percent. NSE’s holiday calendar shows regular equity trading is closed on Tuesday, 10 November 2026, for Diwali Balipratipada. The trigger for the broad rise was not independently confirmed.

Univest’s analysts suggest treating this copper prediction for monday as a preparation note for Monday, 9 November 2026, rather than a signal that changes over the weekend.

Analyst View for Monday

Kunal Singla suggests that copper needs to reclaim 1,351.15, the previous settlement, to improve the tone, with 1,327.40 the support to watch.

Ankit Jaiswal flags that an open at the high that faded into a fall is a mild caution, so a hold above 1,327.40 matters.

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

Why This Is Written for Monday

This copper prediction for monday is written after the close on Friday, 6 November 2026, using Friday’s closing data, for the next regular trading session on Monday, 9 November 2026. Regular equity trading is closed on Saturday, 7 November. On Sunday, 8 November, NSE and BSE hold a special Muhurat trading session for Diwali Laxmi Pujan from 2:20 PM to 3:30 PM, so prices can move before Monday opens. Treat this as a briefing to prepare for Monday’s 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. MCX evening trade continues on Tuesday, 10 November, even though NSE equities are closed.

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.

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Risks to This Prediction

A firmer US Dollar Index typically weighs on base metals.
The open at the high that faded shows sellers near 1,348.
A slide below Friday’s low of 1,327.40 would extend the fall.

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

Conclusion

The copper prediction for monday leans mildly cautious into 9 November 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 copper prediction for monday?

Ans. It is mildly cautious for 9 November 2026, after Copper traded at Rs 1,340.00 per kg on Friday, down 0.83 percent.

Why is this a prediction for Monday, 9 November 2026?

Ans. Because regular Indian equity trading is closed on Saturday and Sunday, so the next regular session after Friday, 6 November 2026, is Monday, 9 November 2026. A special Muhurat session is scheduled on Sunday, 8 November.

Why did copper fall on Friday?

Ans. Copper fell 0.83 percent on the MCX 30 November contract after opening at its high. The specific reason was not independently confirmed.

What are the key copper levels for Monday?

Ans. Friday’s low of 1,327.40 is the nearest support below the price, while Friday’s high of 1,348.00 and the previous settlement of 1,351.15 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.

copper MCX

Author: Ankit Jaiswal

Ankit Jaiswal is the Senior Research Analyst at Univest, leading the platform's in-house equity research desk and serving as the editorial reviewer for all research and blog content published at univest.in. With 11+ years of experience in Indian equity markets, he oversees stock recommendations, earnings analysis, sector coverage, and ensures every published article meets SEBI Research Analyst Regulations. He holds a Bachelor of Commerce (B.Com) from St. Xavier's College, Kolkata — one of India's most prestigious commerce institutions — and has cleared CMT Level 2 from the CMT Association, a globally recognised certification in technical analysis and market research. His research methodology combines fundamental analysis (earnings quality, balance sheet strength, management commentary) with advanced technical analysis (chart patterns, momentum indicators, market structure) — giving Univest's retail investors a dual-lens approach that most Indian research platforms lack. Ankit is among the most comprehensively certified analysts in Indian financial media, holding five NISM certifications: Series-XV (Research Analyst), Series-VIII (Equity Derivatives), Series-VII (SORM), Series-VI (Depository Operations), and Series-V-A (Mutual Fund Distributors). At Univest — India's SEBI-registered research and advisory platform — Ankit's responsibilities include leading the research team, finalising stock recommendations published across Pro Lite, Pro Super, and Pro Gold advisory services, and maintaining editorial oversight of all YMYL financial content published on the blog.