Nifty Metal Prediction for Monday, 2 November 2026 (Including F&O)

This nifty metal prediction for monday follows a Friday, 30 October 2026 session in which the Nifty Metal index fell 0.54 percent to 11,784.90, in line with softer MCX base metals, with copper down 1.04 percent and silver down 2.78 percent.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, are tracking sector-specific triggers and F&O positioning through the weekend, with the next trading session on Monday, 2 November 2026.

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What Friday Told Us

• Nifty Metal closed at 11,784.90, down 0.54 percent on 30 October 2026.
• The broader Nifty 50 rose 0.51 percent.
• India VIX rose 1.19 percent to 15.30.

Nifty Metal Prediction for Monday: Key Levels

Nifty Metal traded between 11,719.95 and 11,843.45 on Friday, against a previous close of 11,848.45, and settled at 11,784.90. On the downside, 11,719.95 is the first reference level to watch if the day’s move is tested. On the upside, 11,843.45 and 11,848.45 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	11,719.95	11,843.45, 11,848.45

The table uses Friday’s high, low and previous close for Nifty Metal.

Key Drivers for Monday

• Nifty Metal fell 0.54 percent to 11,784.90, with a high of 11,843.45 and a low of 11,719.95.
• The index recovered about 65 points from its low but stayed under the previous close.
• Copper fell 1.04 percent and zinc rose 0.15 percent, so base metals gave mixed signals.

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

Anyone following this nifty metal prediction for monday should keep the next session’s opening range in view before reading too much into early moves.

Nothing in this nifty metal prediction for monday is a promise of returns, and every level quoted can fail.

Stocks and Triggers to Watch in the Nifty Metal Space

Nifty Metal fell with MCX copper and silver, so the equity move had support from the commodity side. The index lagged the Nifty 50’s 0.51 percent gain. Global metal prices and China demand cues are the usual triggers.

In the F&O segment, the nearest Nifty options expiry is 3 November 2026, the day after Monday. Among the strikes Univest checked, call open interest was highest at the 23,500 strike and put open interest was highest at the 22,700 strike, with a put-call ratio of approximately 1.60. India VIX rose 1.19 percent to 15.30 on Friday, and Univest’s analysts treat these strikes as reference points, not predictions.

Univest’s analysts suggest treating this nifty metal prediction for monday as a preparation note for Monday, 2 November 2026, rather than a signal that changes over the weekend.

These are educational views, not buy calls, and each should be checked against your own risk plan before acting.

How Friday’s Broader Session Unfolded

The Nifty 50 closed at 23,053.10, up 0.51 percent, with a high of 23,118.10 and a low of 22,905.10. The Sensex closed at 74,459.53, up 0.42 percent, while the Bank Nifty closed at 54,686.95, down 0.41 percent. India VIX, the market’s fear gauge, rose 1.19 percent to 15.30, after ranging between 14.47 and 15.70 during the session. The Nifty 50 gained about 2.0 percent over the week from last Friday’s close of 22,600.00 and is about 0.4 percent below its close of 23,146.15 on 16 October. The Nifty Midcap 50 fell 0.86 percent and the Nifty Next 50 fell 0.61 percent, so the broader market lagged the headline index. Nifty IT rose 2.32 percent and Nifty Pharma rose 1.55 percent, while Nifty PSU Bank fell 0.93 percent and Nifty Auto fell 0.87 percent. The trigger for the split between large and broader stocks was not independently confirmed.

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

Analyst View for Monday

Kunal Singla suggests that the index needs to reclaim 11,848.45, the previous close, before the tone improves, with 11,719.95 the support to watch.

Ankit Jaiswal flags that the fall is modest, but softer copper and silver leave the near-term tone cautious.

A fair reading of this nifty metal prediction for monday is that Friday’s data sets the context, while Monday’s first hour decides how much of it carries forward.

Why This Is Written for Monday

This nifty metal prediction for monday is written after the close on Friday, 30 October 2026, using Friday’s closing data, for the next regular trading session on Monday, 2 November 2026. Indian equity markets are closed on Saturday, 31 October, and Sunday, 1 November, so Friday’s closing prices remain the last cash-market data until trading resumes on Monday. Treat it as a briefing to prepare for that session, not a live call that updates over the weekend.

Track the Nifty Metal Space on Univest Screeners

Readers comparing views should note that this nifty metal prediction for monday draws only on Friday’s closing numbers and the factors listed here.

Risks to This Prediction

• A firmer US Dollar Index could weigh on base metals.
• Weak global growth signals could extend the fall.
• A rebound in copper could lift the index back toward 11,848.

As with any nifty metal prediction for monday, the opening minutes of Monday’s trade will confirm or challenge the levels discussed here.

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

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Conclusion

The nifty metal prediction for monday leans mildly cautious into 2 November 2026, with broader Nifty 50 direction and India VIX as the key variables to track. Ankit Jaiswal and Kunal Singla will revisit this view once Monday’s opening trade confirms direction.

For traders, this nifty metal prediction for monday is a framework for planning risk, with position size and stop levels left to the individual.

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 nifty metal prediction for monday?

Ans. It is mildly cautious for 2 November 2026, after Nifty Metal closed at 11,784.90 on Friday, down 0.54 percent.

Why is this a prediction for Monday, 2 November 2026?

Ans. Because Indian equity markets are closed on Saturday and Sunday, so the next regular trading session after Friday, 30 October 2026, is Monday, 2 November 2026.

Why did Nifty Metal fall on Friday?

Ans. Nifty Metal fell 0.54 percent while the Nifty 50 rose 0.51 percent and copper and silver fell on MCX. The specific trigger was not independently confirmed.

What are the key Nifty Metal levels for Monday?

Ans. Friday’s low of 11,719.95 is the nearest support below the price, while Friday’s high of 11,843.45 and the previous close of 11,848.45 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.