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Zinc Prediction for Tomorrow, Thursday 9 July 2026: MCX Zinc 31 July futures at Rs 368.60 With Momentum Intact

9 July 2026: MCX Zinc 31 July futures Rs 368.60 per kg, +0.14%. Day range Rs 367.15 to Rs 370.90. Support Rs 367. Resistance Rs 371.


8 Jul 20264:01 pm

Zinc Prediction for Tomorrow, Thursday 9 July 2026: MCX Zinc 31 July futures at Rs 368.60 With Momentum Intact

The zinc prediction for tomorrow, Thursday 9 July 2026, is anchored by today’s MCX session, where the MCX Zinc 31 July futures contract held broadly flat, showing resilience relative to the sharp declines across equities and other metals. The contract traded at Rs 368.60 per kg, up 0.14 percent, within a day range of Rs 367.15 to Rs 370.90, and these boundaries frame the zinc prediction for tomorrow.

Ankit Jaiswal, Senior Research Analyst at Univest, and Kunal Singla, Associate Director at Univest, have shared their zinc prediction for tomorrow for Thursday 9 July 2026 using today’s closing data and global cues.

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Today’s Session Recap Behind the Zinc Prediction for Tomorrow

  • MCX session: MCX Zinc 31 July futures at Rs 368.60 (+0.14 percent), open Rs 369.25, high Rs 370.90, low Rs 367.15 against a previous close of Rs 368.10. Domestic metal equities were comparatively resilient, with the Nifty Metal index falling just 0.91 percent versus a much sharper broader market decline.
  • In the broader market, the Nifty 50 closed at 23,882.05, down 2.12 percent, the Sensex fell 2.15 percent to 76,503.60, and the Bank Nifty dropped 2.51 percent to 56,742.60 as a spike in crude oil prices on Strait of Hormuz tensions and overnight weakness in US technology stocks triggered a broad based selloff. HDFC Bank fell 2.29 percent and ICICI Bank dropped 2.41 percent, while Reliance Industries declined 2.48 percent even as crude oil itself rallied sharply. India VIX surged 24.81 percent to 14.54, and FIIs bought Rs 1,355.33 crore in Friday’s cash session against DII selling of Rs 1,953.89 crore; more recent figures are awaited.

Key Levels in the Zinc Prediction for Tomorrow

Trend: Bullish bias above support. Support levels: Rs 367 and Rs 364. Resistance levels: Rs 371 and Rs 375.

For the zinc prediction for tomorrow, today’s low of Rs 367.15 makes Rs 367 the first support, with Rs 364 below it. On the upside, Rs 371 near today’s high is the immediate barrier; a sustained move past it opens Rs 375. MCX contracts trade into the late evening, so international cues after tonight’s US session can reset these levels before tomorrow’s day session.

Key Drivers Shaping the Zinc Prediction for Tomorrow

  • Relative resilience: Zinc was one of the few commodities to hold steady today, in contrast to the sharp equity market selloff.
  • Galvanising demand: Steel output and infrastructure demand remain the underlying support for zinc offtake.
  • Dollar and LME cues: Overnight LME zinc moves and the dollar index will be the key external triggers for tomorrow.

MCX Data Snapshot

The table below summarises the MCX data behind the zinc prediction for tomorrow:

Contract Level Change Day Range
MCX Zinc 31 July futures Rs 368.60 per kg +0.14% Rs 367.15 – 370.90
MCX Zinc 31 August futures Rs 366.20 per kg Next month carry Term structure reference

The premium or discount between the July and next month contracts reflects carry costs and demand expectations, and is worth tracking alongside the spot trend.

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Trading Strategy for Tuesday

  • Trade the range edges: Entries near Rs 367 support or on a confirmed break of Rs 371 offer defined risk setups.
  • Keep stops beyond the day range: Today’s Rs 367.15 to Rs 370.90 band is the reference; positions against a break of it should be exited quickly.
  • Mind the evening session: International cues after tonight’s US session can gap prices; avoid oversized overnight positions given today’s elevated volatility.
  • Size for volatility: Commodity futures are margin traded; smaller positions with strict stop losses handle event driven swings better.

What Does Sentiment Indicate for the Zinc Prediction for Tomorrow?

Sentiment in the zinc prediction for tomorrow follows the price structure. Ankit Jaiswal notes that today’s session respected clear boundaries, and holding Rs 367 keeps the near term structure intact for tomorrow.

Kunal Singla observes that with Wall Street’s next session still ahead, the dollar index and global benchmark moves overnight are the deciding external inputs, and traders should let the first hour of Tuesday’s session confirm direction before committing.

Risks to the Zinc Prediction for Tomorrow

  • US session gap: Tonight’s dollar and yield prints can gap MCX prices beyond stated levels given today’s volatility.
  • Global headline risk: Supply side or geopolitical headlines can override technical levels without warning.
  • Evening session moves: Late session international volatility may reset Tuesday’s opening context.
  • Margin risk: Futures losses can exceed initial margins if stops are not maintained.

Download the Univest iOS App or Univest Android App to track live MCX prices and get daily commodity predictions.

Conclusion: Zinc Prediction for Tomorrow

The zinc prediction for tomorrow, Thursday 9 July 2026, from Univest analysts Ankit Jaiswal and Kunal Singla is defined by the Rs 367 to Rs 371 band. MCX Zinc 31 July futures at Rs 368.60 per kg holds a positive bias while above support, with Rs 364 and Rs 375 as the outer markers. Tonight’s US session is the key external trigger. Check back after Tuesday’s session for the next zinc prediction update from Univest analysts.

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

What is the zinc prediction for tomorrow, Thursday 9 July 2026?

Ans. The zinc prediction for tomorrow, Thursday 9 July 2026, is range bound with a positive bias. MCX Zinc 31 July futures closed at Rs 368.60 per kg today, up 0.14 percent, with support at Rs 367 and Rs 364 and resistance at Rs 371 and Rs 375.

What are the key MCX levels in the zinc prediction for tomorrow?

Ans. For the zinc prediction for tomorrow, immediate support is at Rs 367, near today’s low of Rs 367.15, followed by Rs 364. Resistance sits at Rs 371, near today’s high of Rs 370.90, and then Rs 375.

What drove today’s move in zinc prices?

Ans. The MCX Zinc 31 July futures contract held broadly flat, showing resilience relative to the sharp declines across equities and other metals, ending at Rs 368.60 per kg, a change of +0.14 percent from the previous close of Rs 368.10.

How do global cues affect the zinc prediction for tomorrow?

Ans. Tonight’s US session brings fresh dollar index, yield and global benchmark readings following today’s sharp moves. These are primary external inputs for the zinc prediction for tomorrow and can gap MCX prices before tomorrow’s day session.

Which contract months matter for the zinc prediction for tomorrow?

Ans. The active contract is the MCX Zinc 31 July futures at Rs 368.60, while the MCX Zinc 31 August futures at Rs 366.20 shows the carry structure. Traders roll positions to the next month as expiry approaches.

Is the zinc prediction for tomorrow investment advice?

Ans. No. The zinc prediction for tomorrow is educational content only. All levels are analyst observations, not recommendations. Univest is a SEBI registered research analyst (INH000013776) and readers should consult a SEBI registered advisor before trading commodities.

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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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