Zinc Prediction for Tomorrow, 29 October 2026

This zinc prediction for tomorrow follows a Wednesday, 28 October 2026 session in which zinc futures on MCX fell 0.14 percent after trading between 441.65 and 448.90, and closed below the previous close of 444.10.

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 Thursday, 29 October 2026.

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What Wednesday Told Us

• Zinc traded at Rs 443.50 per kg, down 0.14 percent on the 30 October 2026 futures, with a high of 448.90 and a low of 441.65.
• Nifty 50 fell 0.22 percent.
• India VIX fell 0.91 percent to 16.25.

Zinc Prediction for Tomorrow: Key Levels

Zinc (30 October 2026 futures) traded between 441.65 and 448.90 on Wednesday, against a previous close of 444.10, and settled at 443.50. On the downside, 441.65 is the first reference level to watch if the day's move is tested. On the upside, 444.10 and 448.90 mark the nearest resistance. Univest's analysts treat these as reference points drawn from Wednesday's trading range, not as targets.

Trend	Support	Resistance
Negative	441.65	444.10, 448.90

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 October 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 fell 0.14 percent on the MCX 30 October contract, with a high of 448.90 and a low of 441.65.
• The price gave back about 5.40 rupees from its high, a sign of profit booking.
• The later 30 November contract rose 0.70 percent to 422.00, so the two contracts moved in opposite directions.

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 fell 0.33 percent on Wednesday. Univest is not tracking a specific stock move beyond the index.

How Wednesday's Broader Session Unfolded

The Nifty 50 closed at 22,698.85, down 0.22 percent, with a high of 22,778.05 and a low of 22,497.70. The Sensex closed at 73,246.03, down 0.48 percent, while the Bank Nifty closed at 54,267.40, up 0.54 percent. India VIX, the market's fear gauge, fell 0.91 percent to 16.25, after touching 17.36 during the session. The Nifty 50 recovered about 200 points from its low but is still about 1.9 percent below its close of 23,146.15 on 16 October. The Nifty Midcap 50 rose 0.54 percent while the Nifty Next 50 fell 0.06 percent, so the broader market was mixed. Nifty Auto rose 1.45 percent and Nifty Pharma rose 1.02 percent, while Nifty IT fell 1.98 percent and Nifty FMCG fell 0.57 percent. The trigger for the divergence was not independently confirmed.

Univest's analysts suggest treating this zinc prediction for tomorrow as a preparation note for Thursday, 29 October 2026, rather than a signal that changes overnight.

Analyst View for Tomorrow

Kunal Singla suggests that zinc needs to reclaim 444.10, the previous close, to improve the tone, with 441.65 the support to watch.

Ankit Jaiswal flags that the nearby contract is close to expiry, so the later contract may give a cleaner read of direction.

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 Wednesday, 28 October 2026, using Wednesday's closing data, for the next trading session tomorrow, Thursday, 29 October 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.

MCX futures trade into Wednesday night, so global moves late on Wednesday can shift Thursday's opening price.

A fair reading of this zinc prediction for tomorrow is that Wednesday's data sets the context, while Thursday's first hour decides how much of it carries forward.

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Risks to This Prediction

• The 30 October contract expires the day after tomorrow, so its price can behave differently from later contracts.
• A firmer US Dollar Index typically weighs on base metals.
• A weaker global growth signal overnight could extend the fall.

Readers comparing views should note that this zinc prediction for tomorrow draws only on Wednesday's closing numbers and the factors listed here.

As with any zinc prediction for tomorrow, the opening minutes of Thursday's trade will confirm or challenge the levels discussed here.

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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 steady into 29 October 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 Thursday'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 steady for 29 October 2026, after Zinc traded at Rs 443.50 per kg on Wednesday, down 0.14 percent.

Why is this a prediction for tomorrow, 29 October 2026?

Ans. Because it is written after the close on Wednesday, 28 October 2026, for the next regular trading session on Thursday, 29 October 2026.

Why did zinc slip on Wednesday?

Ans. Zinc fell 0.14 percent on the MCX 30 October contract after touching 448.90. The specific reason was not independently confirmed.

What are the key zinc levels for tomorrow?

Ans. Wednesday's low of 441.65 is the nearest support below the price. The previous close of 444.10 and Wednesday's high of 448.90 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.