Copper closed with slight losses after a choppy session that saw prices move higher and lower amid a lack of trader conviction. A weaker-than-expected U.S. retail sales report and a choppy equity market limited copper futures' upside potential, while a soft dollar provided underlying support. Copper has touched a low of Rs 310.55 a kg after opening at Rs 311.8, and last traded at Rs311.25.For today market is looking for the support at 309.4, a break below could see a test of 307.5 and where as resistance is now likely to be seen at 314.3, a move above could see prices testing 317.4.

Trading Ideas:

Copper trading range is 307.5-317.4.

Copper closed with slight losses after a choppy session amid a lack of trader conviction

Copper looks to take support at 309.40 and resistance at 314.30.

U.S. copper exports fell 59.8% in May from the previous month