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Zinc Prediction for Tomorrow, 4 November 2026

Zinc traded at Rs 413.10 per kg on MCX, down 1.18%, on the 30 November 2026 futures. Nifty 50 rose 1.58%. India VIX rose 1.42% to 15.72. Next session is tomorrow, Wednesday 4 November.


3 Nov 2026 • 7:57 pm

Zinc Prediction for Tomorrow, 4 November 2026

Quick Answer

The zinc prediction for tomorrow is mildly cautious for tomorrow, 4 November 2026. Zinc traded at Rs 413.10 per kg on the 30 November futures, down 1.18 percent, and sits below the previous close of 418.05. The day's high of 415.90 never reached that level, and the price recovered about 5.25 from the low.

This zinc prediction for tomorrow follows a Tuesday, 3 November 2026 session in which zinc futures on MCX fell 1.18 percent on the 30 November contract after trading between 407.85 and 415.90.

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 Wednesday, 4 November 2026.

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What Tuesday Told Us

  • Zinc traded at Rs 413.10 per kg, down 1.18 percent on the 30 November 2026 futures, with a high of 415.90 and a low of 407.85.
  • Nifty 50 rose 1.58 percent.
  • India VIX rose 1.42 percent to 15.72.

Zinc Prediction for Tomorrow: Key Levels

Zinc (30 November 2026 futures) traded between 407.85 and 415.90 on Tuesday, against a previous close of 418.05, and settled at 413.10. On the downside, 407.85 is the first reference level to watch if the day's move is tested. On the upside, 415.90 and 418.05 mark the nearest resistance. Univest's analysts treat these as reference points drawn from Tuesday's trading range, not as targets.

Trend Support Resistance
Negative 407.85 415.90, 418.05

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 November 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 1.18 percent on the MCX 30 November contract, with a high of 415.90 and a low of 407.85.
  • The price recovered about 5.25 from the low, so part of the early slide was bought.
  • Copper fell 1.83 percent, so base metals were weak together.

Ankit Jaiswal and Kunal Singla suggest revisiting this zinc prediction for tomorrow after the first thirty minutes of Wednesday's trade.

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 0.14 percent on Tuesday. Univest is not tracking a specific stock move beyond the index.

How Tuesday's Broader Session Unfolded

The Nifty 50 closed at 23,810.85, up 1.58 percent, with a high of 23,810.85 and a low of 23,482.80, so it finished at the best level of the day. The Sensex closed at 76,917.85, up 1.62 percent, and the Bank Nifty closed at 55,540.05, up 0.98 percent. India VIX, the market's fear gauge, rose 1.42 percent to 15.72, after ranging between 14.25 and 16.22 during the session. This was the third straight daily gain for both the Nifty 50 and the Sensex, and the Nifty 50 is now about 2.9 percent above its close of 23,146.15 on 16 October. The Nifty Midcap 50 rose 1.14 percent and the Nifty Next 50 rose 0.96 percent, so the rise was broad. Nifty FMCG rose 3.65 percent and Nifty Private Bank rose 1.98 percent, while Nifty PSU Bank fell 1.27 percent and Nifty Metal fell 0.14 percent. The trigger for the broad rise was not independently confirmed.

Univest's analysts suggest treating this zinc prediction for tomorrow as a preparation note for Wednesday, 4 November 2026, rather than a signal that changes overnight.

Analyst View for Tomorrow

Kunal Singla suggests that zinc needs to reclaim 415.90, Tuesday's high, to improve the tone, with 407.85 the support to watch.

Ankit Jaiswal flags that base metals fell together, so a rebound in copper would probably be needed to lift zinc as well.

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 Tuesday, 3 November 2026, using Tuesday's closing data, for the next trading session tomorrow, Wednesday, 4 November 2026. Treat it as a briefing to prepare for that session, not a live call that updates through the evening.

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

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

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Risks to This Prediction

  • A firmer US Dollar Index typically weighs on base metals.
  • A weaker global growth signal overnight could extend the fall.
  • A rebound could lift prices back toward the previous close of 418.05.

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

As with any zinc prediction for tomorrow, the opening minutes of Wednesday'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 mildly cautious into 4 November 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 Wednesday'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 mildly cautious for 4 November 2026, after Zinc traded at Rs 413.10 per kg on Tuesday, down 1.18 percent.

Why is this a prediction for tomorrow, 4 November 2026?

Ans. Because it is written after the close on Tuesday, 3 November 2026, for the next regular trading session on Wednesday, 4 November 2026.

Why did zinc fall on Tuesday?

Ans. Zinc fell 1.18 percent on the MCX 30 November contract. The specific reason was not independently confirmed.

What are the key zinc levels for tomorrow?

Ans. Tuesday's low of 407.85 is the nearest support below the price, while Tuesday's high of 415.90 and the previous close of 418.05 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.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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