Copper ended flat after mixed signals surrounding Greece's debt crisis and impending Chinese import data prompted some week-end profit taking. Copper stored in warehouses affiliated with the LME rose 675 metric tons to 511,925. The most recent Comex data, as of Thursday afternoon, were steady at 101,128.  Weekly data from the Shanghai Futures Exchange on Fridays showed a rise of 15,949 metric tons to 169,538. Copper has touched a low of Rs 349.4 a kg after opening at Rs 350.1, and last traded at Rs350.2.For today market is looking for the support at 349.6, a break below could see a test of 348.9 and where as resistance is now likely to be seen at 350.7, a move above could see prices testing 351.1.

Trading Ideas:

Copper trading range is 348.9-351.1.

Copper ended flat after mixed signals surrounding Greece's debt crisis

Copper is getting resistance at 351.60 and support is at 348.80 level.

Copper weekly stock at Shanghai exchange came up by 15949 tonnes.

BUY COPPER APR @ 350-350.50 SL 348.60 TGT 351.50-352.70-353.50.MCX