Copper Prediction for Monday | MCX Levels 29 June 2026

The copper prediction for Monday for 29 June 2026 is shaped by MCX Copper Jul Futures closing at Rs 1,263.10 per kg (+1.69%) on 25 June 2026, as the Nifty 50 closed at 24,056.00 and the Sensex settled its weekly options above 77,000 max pain at 77,100.47. India VIX fell to 13.05, a multi-week low. Copper bounced +1.69% to Rs 1,263.10 per kg on LME inventory drawdown data and improving global manufacturing demand signals. Two critical events shape the copper prediction for Monday: the Iran-US Switzerland talks weekend outcome (Day 5 was Friday) and Monday 29 June 2026 being the BSE Sensex monthly options expiry day.

Ankit Jaiswal, Senior Research Analyst at Univest, has analysed today’s MCX Copper close and the Monday market setup to present the copper prediction for Monday. The copper prediction for Monday is a weekend-gap article – actual Monday opening will depend on Iran-US developments, US Friday close, and GIFT Nifty pre-market signal.

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Copper Prediction for Monday: Today’s MCX Close

• MCX Close: MCX Copper Jul Futures settled Rs 1,263.10 per kg (+1.69%) on 25 June 2026 from Rs 1,242.05. Copper recovered on LME inventory data showing strong physical demand drawdown, supporting the base metals bounce led by copper today
• International Cue: LME Copper at ~$9,150/tonne (+1.5%) is the primary reference for the copper prediction for Monday. US Friday close and weekend LME Copper direction will gap the MCX opening for the copper prediction for Monday on Monday morning.
• Sensex Monthly Expiry Monday: 29 June 2026 is BSE Sensex monthly options expiry. This creates Indian equity market volatility between 2:00 PM and 3:30 PM that affects rupee and risk sentiment, influencing MCX afternoon prices for the copper prediction for Monday.

Copper Prediction for Monday: Key MCX Levels

Trend: Cautiously Bullish | Range: Rs 1,250 to Rs 1,280 per kg

Level	Copper (MCX Copper Jul Futures)
Support 1	1,250
Support 2	1,240
Resistance 1	1,280
Resistance 2	1,295

The copper prediction for Monday from Ankit Jaiswal places Rs 1,250 as the MCX support for Monday. A hold above this level targets Rs 1,280 as the first upside objective. Jaiswal notes that the copper prediction for Monday carries elevated weekend gap risk: any Iran-US deal confirmation or collapse that occurs after Friday MCX close will gap the copper prediction for Monday opening on Monday morning, potentially breaching these technical levels immediately at open.

Copper F&O and Monday Expiry Context

• MCX Contract Expiry: The active MCX Copper contract (Copper Jul Futures) expires on 31 July 2026. Pre-expiry OI positioning adds intraday direction to the copper prediction for Monday on Monday alongside the Sensex monthly expiry influence.
• Sensex Monthly Expiry Impact: Monday 29 June 2026 BSE Sensex monthly expiry creates equity market volatility between 2:00 PM and 3:30 PM. For the copper prediction for Monday, this affects rupee via institutional equity flows and risk sentiment, creating MCX intraday amplification in the afternoon session on Monday.
• June Month-End: 29 June 2026 is the last Monday of June. June month-end institutional portfolio rebalancing creates additional flows in both equity and commodity markets that add to the copper prediction for Monday Monday intraday complexity beyond the standard Sensex monthly expiry dynamics.

Global Cues for Copper Prediction for Monday

• Iran-US Talk Weekend Outcome: This is the primary binary event for the copper prediction for Monday. A confirmed deal over the weekend would sharply alter MCX Copper pricing; a breakdown would reverse recent trends. Check news Saturday and Sunday for updates before the copper prediction for Monday on Monday morning.
• LME Copper: LME Copper overnight direction and US Friday close feed into the copper prediction for Monday via GIFT Nifty and MCX opening gap. Set price alerts on LME Copper for the copper prediction for Monday over the weekend.
• Dollar Index (DXY): DXY direction over the weekend affects rupee-denominated MCX prices. A weaker dollar supports the copper prediction for Monday upside for precious metals and base metals heading into Monday.

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MCX Strategy: Copper Prediction for Monday

1. Check LME Copper Sunday Evening: The most important input for the copper prediction for Monday is LME Copper direction before MCX opens Monday. Check at 9:00 AM Monday before placing any copper prediction for Monday positions.
2. Buy Setup: The {kw} favours buying near Rs 1,250 {unit} with stop at Rs 1,240 targeting Rs 1,280.
3. Reduce Before 2:00 PM: Sensex monthly expiry between 2:00 PM and 3:30 PM on Monday creates rupee and risk volatility. The copper prediction for Monday advises reducing MCX positions before 2:00 PM to avoid Sensex expiry-driven MCX spread widening.
4. Weekend Gap Management: Any Iran-US development that occurs between Friday MCX close and Monday 9:00 AM will create a gap in the copper prediction for Monday. Use limit orders on Monday morning opening and avoid immediate market orders.

What Data Indicates for copper prediction for Monday

The copper prediction for Monday is at a critical juncture as markets close for the weekend with Iran-US talks in their final stages. Ankit Jaiswal notes that the copper prediction for Monday is one of the most binary setups of the month: a confirmed Iran deal would create a sharp Monday morning gap down for the copper prediction for Monday, while a breakdown reverses the trend up sharply.

Kunal Singla observes that India VIX at 13.05 (multi-week low) and the Sensex weekly expiry settling cleanly at 77,100.47 provide a stable equity backdrop for the copper prediction for Monday. Low equity VIX reduces the probability of extreme MCX intraday swings for the copper prediction for Monday on Monday outside of the Sensex monthly expiry window and any Iran-US binary event.

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Risks to Copper Prediction for Monday

• Iran-US Weekend Outcome: A confirmed deal or definitive breakdown over the weekend will gap the copper prediction for Monday opening sharply on Monday, potentially invalidating the pre-weekend technical levels entirely.
• China Data Disappointment: Any negative China manufacturing or infrastructure data over the weekend would reverse the copper prediction for Monday below Rs 1,250 support.
• Sensex Monthly Expiry Volatility: Monday Sensex monthly expiry between 2:00 PM and 3:30 PM creates wider MCX spread risk for the copper prediction for Monday in the afternoon session. Avoid placing new MCX positions during this window.
• June Month-End Flows: Last Monday of June brings institutional portfolio rebalancing that can create unusual intraday flows affecting the copper prediction for Monday beyond normal technical patterns.

Stocks to Watch on Monday, 29 June 2026

Ankit Jaiswal and Kunal Singla of Univest flag three stocks for Monday 29 June 2026. 29 June 2026 is the BSE Sensex monthly options expiry day and June month-end, adding specific volatility to Sensex heavyweights in the 2:00 to 3:30 PM expiry window.

Stock	CMP (25 June 2026)	Entry Zone	Target	Stop Loss
ICICI Bank	Rs 1,387.50	Rs 1,382 to Rs 1,392	Rs 1,412 to Rs 1,420	Rs 1,368
HDFC Bank	Rs 796.30	Rs 793 to Rs 799	Rs 812 to Rs 818	Rs 783
Reliance Industries	Rs 1,318.10	Rs 1,314 to Rs 1,320	Rs 1,338 to Rs 1,345	Rs 1,300

ICICI Bank at Rs 1,387.50 (+1.01% on 25 June 2026) leads momentum into Monday. Jaiswal flags entry Rs 1,382 to Rs 1,392 targeting Rs 1,412. As a top Sensex constituent, ICICI Bank will see direct Sensex monthly expiry positioning on Monday. HDFC Bank at Rs 796.30 is the largest Sensex weight and the primary Sensex monthly expiry anchor for Monday. Singla flags entry Rs 793 to Rs 799, target Rs 812, stop Rs 783. Reliance Industries at Rs 1,318.10 benefits from continued crude weakness reducing downstream costs. Entry Rs 1,314 to Rs 1,320, target Rs 1,338, stop Rs 1,300.

Conclusion

The copper Monday Monday view for 29 June 2026 is cautiously bullish with MCX support at Rs 1,250 and resistance at Rs 1,280 per kg. Ankit Jaiswal notes the copper Monday Monday view carries the highest binary risk of the month given the unresolved Iran-US situation and Monday’s Sensex monthly expiry on the same day. Check LME Copper before 9:00 AM on Monday and use limit orders for the copper Monday Monday view opening positions.

FAQs

What is the copper Monday Monday view, 29 June 2026?

Ans. The copper Monday Monday view shows MCX Copper at Rs 1,263.10 per kg (+1.69%) on 25 June 2026. Support is Rs 1,250 and resistance Rs 1,280 per kg. Iran-US weekend outcome and Sensex monthly expiry on Monday are the two key swing factors for the copper Monday Monday view.

How does Sensex monthly expiry affect copper Monday Monday view?

Ans. Sensex monthly expiry on Monday 29 June 2026 creates equity market volatility 2:00 to 3:30 PM affecting rupee and risk sentiment, which amplifies MCX intraday swings for the copper Monday Monday view in the afternoon. Reduce MCX Copper positions before 2:00 PM on Monday.

What is MCX Copper support for Monday 29 June 2026?

Ans. The copper Monday Monday view places support at Rs 1,250 and Rs 1,240 per kg. Resistance is Rs 1,280 and Rs 1,295. Weekend Iran-US outcome is the primary factor that could gap the copper Monday Monday view opening above or below these technical levels on Monday.

What stocks to watch alongside copper Monday Monday view on Monday?

Ans. For Monday’s Sensex monthly expiry session alongside the copper Monday Monday view: ICICI Bank (entry Rs 1,382 to Rs 1,392, target Rs 1,412), HDFC Bank (Sensex monthly expiry anchor, entry Rs 793 to Rs 799, target Rs 812), and Reliance Industries (entry Rs 1,314 to Rs 1,320, target Rs 1,338).

When is MCX Copper expiry?

Ans. MCX Copper active contract (Copper Jul Futures) expires on 31 July 2026. Pre-expiry OI positioning adds intraday direction to the copper Monday Monday view on Monday alongside the Sensex monthly expiry influence.