
Zinc Prediction for Tomorrow: Friday’s Rs 373 Close Sets the Stage for Monday, 20 July 2026
Zinc prediction for tomorrow: MCX Zinc settled Friday’s session at Rs 373.00, down 1.14 percent, its steepest fall in over a week. Support Rs 368. Resistance Rs 378.
Updated: 17 Jul 2026 • 4:24 pm
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Zinc prediction for tomorrow: Zinc closed the trading week on a sour note, with MCX Zinc July futures settling at Rs 373.00 on Friday, down 1.14 percent, its sharpest single-day decline in more than a week, a slide that’s worth understanding before markets reopen Monday. This zinc prediction for tomorrow is built on Friday, 10 July 2026’s closing data, the last completed session before markets reopen on Monday, 13 July 2026.
Kunal Singla, Associate Director at Univest, points out that this zinc prediction for tomorrow is really a story about two-session weakness that has now fully decoupled from the broader Indian market’s own strength, since Friday’s fall came on the same day Sensex posted its best gain in weeks.
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Market Recap Behind the Zinc prediction for tomorrow
Zinc opened Friday at Rs 376.35, slipped to a low of Rs 372.50 and closed at Rs 373, extending Thursday’s own weakness. What’s notable heading into the weekend is that far-month October and November contracts actually rose over 1 percent the same session, a genuine split within the zinc curve worth carrying into this zinc prediction for tomorrow.
Zinc prediction for tomorrow: Trend and Key Levels
Trend: Bearish Below Rs 378 Until Trading Resumes
| Level Type | Value |
|---|---|
| Support 1 | Rs 368 |
| Support 2 | Rs 362 |
| Resistance 1 | Rs 378 |
| Resistance 2 | Rs 385 |
Kunal Singla’s zinc prediction for tomorrow flags Rs 368 as the level that needs to hold Monday morning, with Rs 378 the resistance that would need reclaiming to suggest the two-session slide is over.
The Near-Month Versus Far-Month Split Worth Knowing Before Monday
Markets have been shut since Friday’s close, so this outlook is written for Sunday readers checking levels ahead of Monday’s reopening. Friday itself saw a genuinely broad Indian equity rally on IT and banking strength, even as crude oil kept climbing for a fifth straight session on the unresolved Strait of Hormuz standoff. Watch GIFT Nifty and Asian markets Monday morning for the first live read on how the weekend has been digested. Zinc’s own curve told a mixed story Friday, near-month weak, far-month firmer, which matters more for this zinc prediction for tomorrow than the broader Hormuz headlines that dominated crude and gold.
Key Triggers in the Zinc prediction for tomorrow
These triggers dominate the outlook heading into Monday, 13 July 2026:
- China property and construction data: Still the dominant driver for zinc specifically, more than any weekend geopolitical news.
- Far-month contract confirmation: If the near-month contract starts tracking the stronger far-month levels, that would be a genuinely bullish signal.
- Dollar index over the weekend: A softer dollar would help zinc alongside the rest of the base metals complex.
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Worth Checking Alongside This Zinc Prediction for Tomorrow
Related commodity reads before Monday’s session.
Copper: Also fell over 1 percent Friday, confirming a broader base metals pullback rather than a zinc-specific issue.
Crude Oil: Moved the opposite way entirely, extending its own rally to a fifth session.
Risks to the Zinc prediction for tomorrow
These factors can invalidate this outlook:
- Weak China data over the weekend: Would extend this zinc prediction for tomorrow’s bearish bias.
- Continued near-far month divergence: If the split widens rather than closes, it signals genuine uncertainty in the metal’s near-term direction.
- Dollar strength: Would compound the current pressure on zinc heading into the new week.
Download the Univest iOS App or Univest Android App to track live MCX zinc prices and get daily commodity research from SEBI registered analysts.
Conclusion
This zinc prediction for tomorrow stays bearish below Rs 378, reflecting a metal that closed the week weaker for a second straight session even as the broader Indian market rallied hard. Kunal Singla’s Rs 368 support level is the first thing to check Monday morning, with China demand data the dominant driver to watch, largely independent of whatever else happens over the weekend geopolitically.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on the Zinc prediction for tomorrow
Checking this over the weekend, what’s the zinc prediction for tomorrow?
Ans. As of Friday’s close, the zinc prediction for tomorrow, Monday 20 July 2026, is bearish below Rs 378. MCX Zinc settled at Rs 373, down 1.14 percent, its steepest decline in over a week.
Who put together this zinc prediction for tomorrow?
Ans. Kunal Singla, Associate Director at Univest, prepared this zinc prediction for tomorrow, flagging Rs 368 as the key level for Monday’s session.
Why did zinc fall while the stock market had one of its best days of the week?
Ans. This decoupling is the central theme of the zinc prediction for tomorrow: zinc fell 1.14 percent Friday even as Sensex posted its strongest session in weeks, because zinc’s price action right now is driven by China demand concerns rather than Indian equity sentiment.
Are far-month zinc contracts sending a different signal than the near-month?
Ans. Yes, and it’s worth knowing before Monday: October and November zinc contracts actually rose over 1 percent Friday even as the near-month contract fell, a split the zinc prediction for tomorrow flags as suggesting the near-term weakness may not reflect where the market expects zinc to be later this year.
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