Zinc Price Prediction for Tomorrow: MCX Levels and Outlook for 19 August 2026

The zinc price prediction for tomorrow follows a -0.79% decline on 18 August where MCX Zinc broke below the key Rs 400 level. The 31 August futures contract opened at Rs 400.30, touched Rs 400.60, then sold to a low of Rs 397.35, settling at Rs 397.70. Ankit Jaiswal, Research Analyst at Univest, notes that the Rs 400 breach shifts the zinc price prediction for tomorrow to cautiously bearish.

Kunal Singla, Research Analyst at Univest, observes that the zinc price prediction for tomorrow will be sensitive to China manufacturing PMI data overnight, as China is the world's largest zinc consumer. The MCX September zinc contract at Rs 390.45 provides a near-term anchor for the zinc price prediction for tomorrow, suggesting the market expects zinc to settle in the Rs 390 to 400 range near-term.

Click Here – Get Free Investment Predictions

Today's Market Recap: Zinc on 18 August 2026

• MCX Zinc (31 Aug): Settled at Rs 397.70/kg (-0.79%), breaking below the key Rs 400 psychological floor. Intraday range Rs 397.35 to Rs 400.60.
• MCX Zinc (Sep): Closed at Rs 390.45 (-0.72%), providing a near-term directional anchor for the zinc price prediction for tomorrow.
• Nifty Metal: Fell -0.61% on 18 August, confirming broad base metal weakness that shaped the zinc price prediction for tomorrow.

Zinc Price Prediction for Tomorrow: Technical Analysis

Ankit Jaiswal's zinc price prediction for tomorrow identifies Rs 397 as the new immediate support, near today's low of Rs 397.35. A hold above Rs 397 keeps the zinc price prediction for tomorrow sideways to bearish. A break below targets Rs 393 (Sep contract level).

Rs 400 to 401 now acts as resistance in the zinc price prediction for tomorrow (previous support turned resistance). Kunal Singla notes a recovery above Rs 401 would signal a false break and restore the sideways bias in the zinc price prediction for tomorrow. RSI at ~45 confirms weakening momentum.

Trend for 19 August 2026: Sideways to Bearish (Rs 400 Psychological Support Broken)
Support: 397 | 393
Resistance: 400-401 | 403

Global Cues for Zinc Price Prediction for Tomorrow

• US Markets (14 Aug close): Dow Jones at 53,732 (-0.20%), S&P 500 at 7,785 (-0.20%), Nasdaq at 26,729 (-0.30%). Weak retail sales data (-0.6% in July) and subdued University of Michigan consumer sentiment (51, below forecast 55) signal caution.
• Asian Markets: Japan's Nikkei 225 gained 2.1% to 66,970 on Monday, providing a partially positive cue for Asian risk assets.
• Institutional Flows (14 Aug): FII were net buyers of Rs 508 Cr and DII were net buyers of Rs 356 Cr in the cash segment, reflecting continued institutional support for Indian equities.

Key Events for 19 August 2026

• MCX Aug crude expires 19 Aug — rollover to Sep mandatory for crude traders
• MCX commodity options expiry 24 Aug adds near-term volatility
• US EIA natural gas storage report (weekly) will be key for natural gas prices
• Q1 FY27 results continue; company updates may affect commodity-linked equity stocks

Stocks Linked to Zinc Price Prediction for Tomorrow

Name	CMP (Rs)	Day Change	Key Level for Tomorrow
Hindustan Zinc	~565	~-0.50%	Support: 555 | Resistance: 575
Hindalco	~670	~-0.60%	Support: 660 | Resistance: 685
JSW Steel	~940	~-0.50%	Support: 928 | Resistance: 955

Explore Zinc-Linked Stocks on Univest Screener

Trading Strategy for Zinc on 19 August 2026

• Hold long positions above Rs 397 with stop below Rs 394 for the zinc price prediction for tomorrow
• A recovery above Rs 401 in the zinc price prediction for tomorrow signals a false break at Rs 400; target Rs 403 to Rs 406
• Monitor Hindustan Zinc equity above Rs 555; stabilisation here confirms zinc price prediction for tomorrow support is holding
• Avoid adding new long positions below Rs 397 until confirmed bounce in the zinc price prediction for tomorrow

What Does Sentiment Indicate for Zinc Price Prediction for Tomorrow?

Sentiment for the zinc price prediction for tomorrow is cautiously bearish after the Rs 400 support was broken on 18 August. Ankit Jaiswal notes that Rs 400 had been a multi-session floor and the breach shifts the zinc price prediction for tomorrow to defensive. The key watch is whether Rs 397 holds as the new support.

Kunal Singla observes that the September zinc contract at Rs 390.45 provides a near-term directional anchor for the the zinc price outlook for 19 August. As long as Hindustan Zinc equity holds above Rs 555, the tomorrow's MCX zinc price forecast does not turn outright bearish. China PMI data is the swing factor for the Wednesday's zinc price outlook on 19 August.

Risks to the 19 August zinc price outlook

• A break below Rs 397 would confirm the the MCX zinc price forecast for tomorrow is heading toward Rs 393
• Weak Chinese manufacturing PMI data overnight would accelerate the zinc price's 19 August outlook decline
• MCX options expiry on 24 August with large Rs 400 open interest may create technical overhang in the the zinc price outlook for 19 August
• A stronger US dollar overnight would compress zinc MCX prices in the tomorrow's MCX zinc price forecast

Download the Univest iOS App or Univest Android App to track live MCX zinc prices and get expert zinc price predictions.

Conclusion

The Wednesday's zinc price outlook, 19 August 2026, is sideways to bearish after MCX Zinc closed at Rs 397.70/kg (-0.79%), breaking below the Rs 400 psychological support. Ankit Jaiswal places immediate support at Rs 397 and resistance at Rs 400 to 401 for the the 19 August zinc price outlook.

Monitor Hindustan Zinc equity and China PMI for the the MCX zinc price forecast for tomorrow direction. Download the Univest app for live MCX zinc prices and expert research.

Disclaimer: Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice. Univest Research Analyst Registration No. INH000013776.

Frequently Asked Questions

What is the zinc price's 19 August outlook, 19 August 2026?

Ans. The the zinc price outlook for 19 August is sideways to bearish. MCX Zinc closed at Rs 397.70/kg (-0.79%) on 18 August, breaking below Rs 400 psychological support. Support at Rs 397, resistance at Rs 400 to 401.

Why did zinc break below Rs 400 on 18 August?

Ans. MCX Zinc fell -0.79% due to broader base metal weakness (Nifty Metal -0.61%) and profit-taking after two days of gains. Kunal Singla notes the Rs 400 level has now converted to resistance in the tomorrow's MCX zinc price forecast.

What are MCX zinc support levels for 19 August 2026?

Ans. The Wednesday's zinc price outlook places immediate support at Rs 397 (near today's low Rs 397.35) and strong support at Rs 393 (Sep contract). Resistance is at Rs 400 to 401 and Rs 403.

How does Hindustan Zinc equity affect the the 19 August zinc price outlook?

Ans. Hindustan Zinc equity is the primary MCX zinc proxy. Stabilisation above Rs 555 confirms buyer interest and improves the the MCX zinc price forecast for tomorrow outlook. Kunal Singla uses it as a leading indicator for the zinc price's 19 August outlook direction.

What is the zinc trading strategy for 19 August 2026?

Ans. For the the zinc price outlook for 19 August, Ankit Jaiswal recommends holding longs above Rs 397 with stop below Rs 394. A recovery above Rs 401 targets Rs 403. Avoid new longs below Rs 397 in the tomorrow's MCX zinc price forecast.