Zinc Prediction for Tomorrow, 3 November 2026
- November 2, 2026
- Posted by: Kunal Singla
- Category: Uncategorized
Zinc traded at Rs 415.30 per kg on MCX, up 2.34%, on the 30 November 2026 futures. Nifty 50 rose 1.68%. India VIX rose 1.31% to 15.50. Next session is tomorrow, Tuesday 3 November.
Quick Answer
The zinc prediction for tomorrow is constructive for tomorrow, 3 November 2026. Zinc traded at Rs 415.30 per kg on the 30 November futures, up 2.34 percent, and sits well above the previous close of 405.80. It closed within 1.70 of the day’s high of 417.00 after recovering from a low of 406.20.
This zinc prediction for tomorrow follows a Monday, 2 November 2026 session in which zinc futures on MCX rose 2.34 percent on the 30 November contract and closed close to the day’s high of 417.00.
Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking zinc and global cues ahead of the session tomorrow, which falls on Tuesday, 3 November 2026.
Click Here – Get Free Investment Predictions
What Monday Told Us
- Zinc traded at Rs 415.30 per kg, up 2.34 percent on the 30 November 2026 futures, with a high of 417.00 and a low of 406.20.
- Nifty 50 rose 1.68 percent.
- India VIX rose 1.31 percent to 15.50.
Zinc Prediction for Tomorrow: Key Levels
Zinc (30 November 2026 futures) traded between 406.20 and 417.00 on Monday, against a previous close of 405.80, and settled at 415.30. On the downside, 406.20 and 405.80 are the first reference levels to watch if the day’s move is tested. On the upside, 417.00 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 | 406.20, 405.80 | 417.00 |
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 zinc prediction for tomorrow is a framework for planning risk, with position size and stop levels left to the individual.
Key Drivers for Tomorrow
- Zinc rose 2.34 percent on the MCX 30 November contract, with a high of 417.00 and a low of 406.20.
- The price climbed about 9.10 from the low, a strong intraday recovery.
- Nifty Metal rose 3.21 percent, so metal equities rose strongly with zinc.
Anyone following this zinc prediction for tomorrow 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 rose 3.21 percent on Monday. Univest is not tracking a specific stock move beyond the index.
How Monday’s Broader Session Unfolded
The Nifty 50 closed at 23,440.80, up 1.68 percent, with a high of 23,440.80 and a low of 23,207.05, so it finished at the best level of the day. The Sensex closed at 75,692.78, up 1.66 percent, and the Bank Nifty closed at 55,002.20, up 0.58 percent. India VIX, the market’s fear gauge, rose 1.31 percent to 15.50, after ranging between 14.55 and 15.92 during the session. The Nifty 50 closed about 1.3 percent above its close of 23,146.15 on 16 October. The Nifty Midcap 50 rose 1.24 percent and the Nifty Next 50 rose 1.85 percent, so the rise was broad. Nifty Metal rose 3.21 percent and Reliance Industries rose 11.60 percent, while Nifty IT fell 0.50 percent and Nifty Private Bank fell 0.14 percent. The trigger for the broad rise was not independently confirmed.
Univest’s analysts suggest treating this zinc prediction for tomorrow as a preparation note for Tuesday, 3 November 2026, rather than a signal that changes overnight.
Analyst View for Tomorrow
Kunal Singla suggests that zinc can hold above 406.20, Monday’s low, with 417.00 the resistance to clear.
Ankit Jaiswal flags that a gain of over 2 percent with a close near the high is a firm signal, though a pause would not be unusual.
This zinc prediction for tomorrow will be most useful when read alongside the support and resistance table above.
Why This Is Written for Tomorrow
This zinc prediction for tomorrow is written after the close on Monday, 2 November 2026, using Monday’s closing data, for the next trading session tomorrow, Tuesday, 3 November 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.
MCX futures trade into Monday night, so global moves late on Monday can shift Tuesday’s opening price.
A fair reading of this zinc prediction for tomorrow is that Monday’s data sets the context, while Tuesday’s first hour decides how much of it carries forward.
Explore Univest Screeners for More Trade Ideas
Risks to This Prediction
- A firmer US Dollar Index typically weighs on base metals.
- After a 2.34 percent rise, a pause or pullback toward 406 is possible.
- A weaker global growth signal overnight could reverse the gain.
Readers comparing views should note that this zinc prediction for tomorrow draws only on Monday’s closing numbers and the factors listed here.
As with any zinc prediction for tomorrow, the opening minutes of Tuesday’s trade will confirm or challenge the levels discussed here.
Download the Univest iOS App or Univest Android App to get daily market recommendations and insightful research pieces.
The zinc prediction for tomorrow also depends on India VIX, so a fresh rise in volatility would weaken the case made here.
Conclusion
The zinc prediction for tomorrow leans constructive into 3 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 Tuesday’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 tomorrow?
Ans. It is constructive for 3 November 2026, after Zinc traded at Rs 415.30 per kg on Monday, up 2.34 percent.
Why is this a prediction for tomorrow, 3 November 2026?
Ans. Because it is written after the close on Monday, 2 November 2026, for the next regular trading session on Tuesday, 3 November 2026.
Why did zinc rise on Monday?
Ans. Zinc rose 2.34 percent on the MCX 30 November contract. The specific reason was not independently confirmed.
What are the key zinc levels for tomorrow?
Ans. The previous close of 405.80 and Monday’s low of 406.20 are support below the price, while Monday’s high of 417.00 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.
