Copper yesterday traded with the positive node and settled 0.15% up at 445.75 up for a third straight session, extending a bounce from last week's near one-month low, as healthier economic prospects boosted sentiment and outweighed the shorter-term headwinds in the Middle East. Prices of the metal, often viewed as a bellwether of global economic health due to its expansive usage in construction and other industrial applications, headed higher as geopolitical concerns eased and investors returned their focus on the domestic economy which continues to show signs of strength. LME three-month copper closed up $135 at $9,885 a tonne, just 3 percent away from its Feb. 15 record at $10,190. For today's session market is looking to take support at 442.4, a break below could see a test of 439.1 and where as resistance is now likely to be seen at 448, a move above could see prices testing 450.3.

Trading Ideas:

Copper trading range is 445.4-455.2.

Copper ended up as healthier economic prospects boosted sentiment

Copper looks to hold support at 448.20 and resistance at 453.40 level.

Copper daily stocks at Shanghai exchange came up by 677 tonnes.

YESTERDAY LME STOCK FOR COPPER CAME Up  BY 4175