Copper Prediction for Tomorrow, 11 November 2026
- November 10, 2026
- Posted by: Ankit Jaiswal
- Category: Uncategorized
Copper settled at Rs 1,351.40 per kg, 0.40% above its open. Nifty 50 rose 0.23% to 25,044.65 on Monday. India VIX fell 5.48% to 17.42. Next regular session is tomorrow, Wednesday, 11 November.
Quick Answer
The copper prediction for tomorrow is mildly constructive for Wednesday, 11 November 2026. Copper settled at Rs 1,351.40 per kg on Monday, 0.40 percent above its open, after trading between 1,345.00 and 1,355.05 on the 30 November 2026 futures contract. The narrow range shows a calm session, and the settlement sat 3.65 rupees below the high of 1,355.05.
This copper prediction for tomorrow follows a Monday, 9 November 2026 session in which copper futures on MCX settled at Rs 1,351.40 per kg on the 30 November contract, 0.40 percent above the open of 1,346.05, inside a narrow range of 10.05 rupees.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking global cues and currency moves ahead of the market reopening. Indian equity markets are closed today, Tuesday, 10 November 2026, for Diwali Balipratipada, so Monday’s close is the latest data available.
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What Monday Told Us
- Copper settled at Rs 1,351.40 per kg on the 30 November 2026 futures contract, with a high of 1,355.05 and a low of 1,345.00.
- Nifty 50 rose 0.23 percent to 25,044.65, measured against Sunday’s Muhurat session close.
- India VIX fell 5.48 percent to 17.42.
- Most active among the stocks Univest tracked: HDFC Bank (about 64.8 million shares), Zee Entertainment (about 44.8 million) and ICICI Bank (about 27.5 million).
Copper Prediction for Tomorrow: Key Levels
Copper (30 November 2026 futures) traded between 1,345.00 and 1,355.05 on Monday, opened at 1,346.05 and settled at 1,351.40. On the downside, 1,346.05 and 1,345.00 are the first reference levels to watch if the day’s move is tested. On the upside, 1,355.05 marks the nearest resistance. Univest’s analysts treat these as reference points drawn from Monday’s trading range, not as targets.
| Trend | Support | Resistance |
|---|---|---|
| Positive | 1,346.05, 1,345.00 | 1,355.05 |
MCX contracts keep trading into the evening, so the settlement can differ from the live price. The levels here use the 30 November 2026 futures contract, and the open of 1,346.05 is read as support because copper settled above it.
For traders, the copper prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Wednesday
- Copper settled 0.40 percent above its open of 1,346.05, with a high of 1,355.05 and a low of 1,345.00.
- The range of 10.05 rupees was the tightest of the base metals Univest tracked in percentage terms.
- Global growth data and the US Dollar Index, which both influence industrial metal demand.
Ankit Jaiswal and Kunal Singla flag the first half hour of Wednesday’s trade as the point to revisit this copper prediction for tomorrow.
Anyone following the copper prediction for tomorrow should keep the opening range in view before reading too much into early moves after the holiday break.
Nothing in this copper prediction for tomorrow is a promise of returns, and every level quoted can fail.
What to Watch Alongside Copper
Zinc settled 0.33 percent above its open at Rs 413.50 per kg, so base metals leaned the same way. Nifty Metal fell 0.46 percent on Monday, a reminder that listed metal shares and MCX metal futures do not always move together.
In short, the copper prediction for tomorrow rests on Monday’s verified close and the holiday-gap risks listed below.
These are educational views, not buy calls, and each should be checked against your own risk plan before acting.
How Monday’s Broader Session Unfolded
Nifty PSU Bank jumped 3.73 percent and Nifty Pharma rose 1.65 percent, while Nifty IT fell 1.22 percent and Nifty Metal fell 0.46 percent. India VIX, the market’s fear gauge, fell 5.48 percent to 17.42 from 18.43, a sign that traders priced in smaller swings by the close than at the open. The Nifty 50 closed at 25,044.65 on Monday, up 0.23 percent from Sunday’s Muhurat close of 24,986.40 and about 14 points above Friday’s regular close of 25,030.35. It opened at 25,076.40, slipped to a low of 24,838.75 and recovered about 206 points to finish roughly 39 points below the day’s high of 25,084.05. The Sensex closed at 81,106.65, up 0.13 percent, while the Bank Nifty closed at 59,741.25, up 1.51 percent, at the high of the day. Nifty Next 50 rose 1.11 percent, Nifty Midcap 50 rose 0.53 percent and the Nifty 500 rose 0.33 percent, so the rise reached beyond the index heavyweights. NSE’s holiday calendar shows equity trading is closed on Tuesday, 10 November 2026, for Diwali Balipratipada, and resumes on Wednesday, 11 November. The trigger for Monday’s moves was not independently confirmed.
Placed against that backdrop, the copper prediction for tomorrow reads Monday’s move in the context of a broader market that closed higher.
Analyst View for Wednesday
Kunal Singla suggests that copper needs to hold above 1,345, the low, while a close above 1,355.05 would extend the improvement.
Ankit Jaiswal flags that the settlement sits just below the high, so a quiet range break in either direction would be the first real signal.
Both analysts stress that the copper prediction for tomorrow is a view built on levels and data, not a forecast of returns.
A fair reading of this copper prediction for tomorrow is that Monday’s data sets the context, while Wednesday’s first hour decides how much of it carries forward.
Why This Is Written for Tomorrow
This copper prediction for tomorrow is written on Tuesday, 10 November 2026, using the latest closing data from Monday, 9 November 2026, for the next regular trading session tomorrow, Wednesday, 11 November 2026. NSE and BSE are closed today for Diwali Balipratipada, so there is no fresh equity close between Monday and Wednesday’s open. A special Muhurat session ran on Sunday, 8 November from 2:20 PM to 3:30 PM, and the change figures here are measured against its close.
Because the market is shut today, the copper prediction for tomorrow relies on Monday’s close rather than any live price.
MCX contracts keep trading into the evening, so prices at the time you read this can differ from the settlement figures above. The levels use the 30 November 2026 futures contract.
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Risks to This Prediction
- A stronger US Dollar Index could weigh on the contract and push it toward the open of 1,346.05.
- A calm range can break quickly if growth data surprises, so low volatility is not a guarantee.
- Gaps during the Indian equity holiday can distort early MCX evening moves.
Readers comparing views should note that this copper prediction for tomorrow draws only on Monday’s closing numbers and the factors listed here.
As with any copper prediction for tomorrow, the opening minutes of Wednesday’s trade will confirm or challenge the levels discussed here.
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Conclusion
The copper prediction for tomorrow leans mildly constructive into 11 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 Wednesday’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 mildly constructive for 11 November 2026, after Copper settled at Rs 1,351.40 per kg, 0.40 percent above its open on Monday.
Why is this a prediction for tomorrow, 11 November 2026?
Ans. Because this note is published on Tuesday, 10 November 2026, and the next regular trading session is tomorrow, Wednesday, 11 November 2026. Indian equity markets are closed today for Diwali Balipratipada, so the latest closing data is from Monday, 9 November 2026.
Why did copper settle higher than its open on Monday?
Ans. Copper settled at Rs 1,351.40 per kg on Monday, 0.40 percent above its open. The specific reason was not independently confirmed.
What levels matter for copper tomorrow?
Ans. Support sits near 1,346.05 and 1,345.00. Resistance sits near 1,355.05.
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.
