Zinc Price Prediction for Tomorrow, 11 August 2026: MCX Zinc Gains 0.78% to Rs 392.15 as Structural Supply Deficit Absorbs Energy Complex Headwinds
- August 10, 2026
- Posted by: Kunal Singla
- Category: News
MCX Zinc Mon: Rs 392.15/kg (+0.78%). Range: Rs 388.20-393.80. Nifty Metal +0.28%. Hindustan Zinc positive. Crude +1.29%. VIX 12.19.
The zinc price prediction for tomorrow for Tuesday 11 August 2026 is built on Monday’s confirmed market close. Nifty 50 settled at 24,583.80 (+0.05%), Sensex at 78,542.44 (+0.06%) and Bank Nifty at 57,686.95 (-0.10%). The session’s defining story: Bajaj Finance recovered 2.24% to Rs 1,102.20 (resolving Friday’s NBFC fear), SBI fell 2.39% on post-Q1 result profit booking and ICICI Bank bounced 0.76% confirming the Day 3 PSU-private rotation reversal. On the commodity side, MCX Crude surged 1.29% to Rs 7,520 and MCX Natural Gas jumped 3.33% to Rs 264.10, signalling Iran deal talks stalled. Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, present the complete zinc price prediction for tomorrow.
Click Here – Get Free Investment Predictions
Today’s Confirmed Data for the zinc price prediction for tomorrow
| Indicator | Today’s Close (Mon 10 Aug) | Change |
|---|---|---|
| Nifty 50 | 24,583.80 | +0.05% (H: 24,620.55 / L: 24,511.30) |
| Sensex | 78,542.44 | +0.06% (H: 78,672.08 / L: 78,305.94) |
| Bank Nifty | 57,686.95 | -0.10% (H: 58,012.60 / L: 57,527.75) |
| Nifty IT | 31,631.45 | +0.27%; Infosys +0.67%, TCS -1.10% |
| Nifty Auto | 29,620.05 | -0.09%; crude +1.29% is input cost headwind |
| Nifty Private Bank | 27,534.30 | +0.52%; ICICI Bank +0.76% Day 3 reversal |
| Nifty PSU Bank | 8,639.80 | -1.67%; SBI -2.39% post-Q1 booking |
| Nifty Metal | 13,226.70 | +0.28%; Hindustan Zinc positive |
| Bajaj Finance | Rs 1,102.20 (+2.24%) | Recovered from Friday crash; NBFC fear resolved |
| MCX Crude Oil (Aug) | Rs 7,520/bbl (+1.29%) | Iran deal stalled; biggest commodity move today |
| MCX Natural Gas (Aug) | Rs 264.10/MMBTU (+3.33%) | Biggest single-day surge this week; supply tightness |
| MCX Gold (10g) | Rs 1,51,310/10g (+0.51%) | Second positive session; range Rs 1,50,001-1,51,999 |
| MCX Silver (Mini Aug) | Rs 2,34,933/kg (+0.96%) | Range Rs 2,32,299-2,36,300; precious metals bull intact |
| MCX Copper (Aug) | Rs 1,375.70/kg (+0.75%) | Range Rs 1,365.75-1,380.50; industrial demand positive |
| MCX Zinc (Aug) | Rs 392.15/kg (+0.78%) | Range Rs 388.20-393.80; supply deficit intact |
| India VIX | 12.19 (+0.25%) | Stable; range 10.82-12.92; no panic in market |
Energy Surge: The zinc price prediction for tomorrow’s Key Variable for Tomorrow
Monday’s biggest market-moving development was not in equities but in energy commodities. MCX Crude Oil surged 1.29% to Rs 7,520 and MCX Natural Gas jumped 3.33% to Rs 264.10, both confirming that Iran-US deal negotiations stalled over the weekend. Ankit Jaiswal notes that this energy surge has direct sector implications for tomorrow: it is a headwind for Auto, FMCG and Cement (higher input costs) and a tailwind for ONGC and the broader energy sector. for tomorrow, monitoring Brent crude direction Tuesday morning is as important as watching domestic banking recovery.
Kunal Singla observes that Natural Gas at Rs 264.10 is the highest level in over two months, reversing all of the Iran-deal-hope-driven decline from Rs 280+ levels in June. for tomorrow, if crude and gas continue higher Tuesday, defensive sectors (IT, healthcare, FMCG) would outperform cyclicals (auto, cement) in the prediction for tomorrow session.
Key Factors for the zinc price prediction for tomorrow
- MCX Zinc gained 0.78% to Rs 392.15 on Monday alongside Nifty Metal gaining 0.28%. for tomorrow, this simultaneous positive move in both MCX zinc and the broader metals index confirms that the structural supply deficit (Chinese smelter maintenance, Glencore production decline) is absorbing any headwinds from crude oil’s 1.29% rise (which raises smelter energy costs).
- MCX Zinc’s intraday low of Rs 388.20 found strong buying, and the close at Rs 392.15 near the day’s high of Rs 393.80 is a technically positive setup for tomorrow. Buyers defending Rs 388-390 on Monday creates a confirmed support zone for Tuesday.
- The structural zinc supply deficit remains the primary driver for tomorrow: Chinese smelter maintenance continues through August (approximately -1,200 tonnes monthly from the Zhuzhou facility) and Glencore’s year-on-year production decline. These structural factors are independent of Monday’s energy price moves.
- Nifty Metal gaining 0.28% on Monday while broader markets were flat (Nifty +0.05%) shows base metals outperforming on Monday. for tomorrow, this sector outperformance is the strongest carry-forward positive heading into Tuesday.
Technical Levels for the zinc price prediction for tomorrow
| Level | Zone |
|---|---|
| Key Support | Rs 386-390 |
| Secondary Support | Rs 380-384 |
| Immediate Resistance | Rs 394-400 |
| Key Resistance | Rs 406-412 |
Stocks to Watch for the zinc price prediction for tomorrow
Hindustan Zinc: CMP Rs 603 approx. Ankit Jaiswal flags entry Rs 596-603, target Rs 622, SL Rs 584. Hindustan Zinc is the direct equity expression of the zinc price prediction for tomorrow as India’s primary zinc-silver producer. MCX Zinc at Rs 392.15 (+0.78%) directly improves Hindustan Zinc’s realization.
Tata Steel: CMP Rs 190 est.. Kunal Singla flags entry Rs 187-190, target Rs 197, SL Rs 182. Tata Steel uses zinc for galvanised steel production. Zinc price stability at elevated levels supports Tata Steel margins in the zinc price prediction for tomorrow.
Hindalco: CMP Rs 760 est.. Ankit Jaiswal flags entry Rs 752-758, target Rs 782, SL Rs 736. Hindalco participates in the base metals complex alongside the zinc price prediction for tomorrow through its aluminium and copper businesses.
Use Univest Screener to Prepare for tomorrow
Strategy for the zinc price prediction for tomorrow
- Rs 386-390 is the buy-on-dip zone for tomorrow (confirmed as Monday’s support). Ankit Jaiswal recommends this entry on any Tuesday morning correction.
- Rs 394-400 is the first resistance for the zinc price prediction for tomorrow. Kunal Singla recommends booking 50 percent here.
- Watch Hindustan Zinc equity at Tuesday’s open as the zinc price prediction for tomorrow leading indicator. Hindustan Zinc above Rs 606 confirms supply deficit pricing is sustaining.
- Track COMEX Zinc pre-market: COMEX above USD 2,860/tonne = zinc price prediction for tomorrow positive gap.
Risks to the zinc price prediction for tomorrow
- Chinese smelter maintenance ending earlier than expected reducing the supply deficit in the zinc price prediction for tomorrow.
- Energy cost headwinds from crude +1.29% and gas +3.33% raising smelter operating costs in the zinc price prediction for tomorrow.
- Profit-taking from recent gains pushing zinc toward Rs 386-388 support before Tuesday buyers step in for the zinc price prediction for tomorrow.
Conclusion
The zinc price prediction for tomorrow for Tuesday 11 August 2026 is shaped by three resolved positives from Monday: Bajaj Finance +2.24% (NBFC fear gone), ICICI Bank +0.76% (private bank Day 3 reversal confirmed) and SBI post-Q1 booking potentially exhausted at Rs 1,071. The primary new risk is energy: crude +1.29% to Rs 7,520 and Natural Gas +3.33% to Rs 264.10 signal Iran deal stalled, creating input cost headwinds for auto and FMCG in the zinc price prediction for tomorrow. Ankit Jaiswal of Univest identifies Rs 386-390 as the primary support and Rs 394-400 as the resistance for the zinc price prediction for tomorrow on Tuesday.
Kunal Singla of Univest recommends the three-check approach for tomorrow: Brent crude direction pre-market (key for sector rotation in the zinc price prediction for tomorrow), Bajaj Finance opening above Rs 1,100 (NBFC recovery sustaining) and ICICI Bank above Rs 1,435 (Day 4 private bank recovery continuing). VIX at 12.19 confirms stable volatility for the zinc price prediction for tomorrow on Tuesday.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Verify all data with NSE (nseindia.com) and BSE (bseindia.com) before investing. Investments are subject to market risk. This content is for educational purposes only and does not constitute investment advice by Univest (SEBI RA INH000013776).
Download the Univest iOS App or Univest Android App to track live levels and receive Tuesday morning alerts for the zinc price prediction for tomorrow.
FAQs on Zinc Price Prediction For Tomorrow, 11 August 2026
What is the zinc price prediction for tomorrow, 11 August 2026?
Ans. The zinc price prediction for tomorrow is positive. MCX Zinc gained 0.78% to Rs 392.15 on Monday, closing near the day’s high. Structural supply deficit from Chinese smelter maintenance absorbs energy cost headwinds. Support is Rs 386-390 and resistance is Rs 394-400 in the zinc price prediction for tomorrow.
Which analysts prepared the zinc price prediction for tomorrow?
Ans. Ankit Jaiswal, Senior Research Analyst, and Kunal Singla, Associate Director at Univest, prepared the zinc price prediction for tomorrow using Groww-confirmed Monday data: MCX Zinc Rs 392.15 (+0.78%), Nifty Metal 13,226.70 (+0.28%).
How does the energy surge affect the zinc price prediction for tomorrow?
Ans. Crude +1.29% and gas +3.33% raise zinc smelter energy costs. However, the structural supply deficit (Chinese maintenance, Glencore decline) offsets this headwind, allowing MCX Zinc to gain 0.78% despite higher energy costs in the zinc price prediction for tomorrow.
What is MCX Zinc support and resistance for the zinc price prediction for tomorrow?
Ans. Support is Rs 386-390 and Rs 380-384. Resistance is Rs 394-400 and Rs 406-412 in the zinc price prediction for tomorrow.
What stocks express the zinc price prediction for tomorrow?
Ans. Hindustan Zinc (direct producer), Tata Steel (galvanised steel user) and Hindalco (base metals complex) express the zinc price prediction for tomorrow.
