Copper ended nearly flat, pressured by slowing growth in U. S. manufacturing but supported by continuing declines in inventories. Meanwhile, stocks of copper held in LME-monitored warehouses fell by 1,025 metric tons, to
389,500. Inventories are down 2.7% this month, and have fallen by 22% so far this year. The latest Comex inventory data, released late Tuesday, showed a decline of 1,006 short tons, to 91,524. Copper has touched a low of Rs
351.8 a kg after opening at Rs 354, and last traded at Rs354.45. For today market is looking for the support at 352.4, a break below could see a test of 350.3 and where as resistance is now likely to be seen at 356, a move above could see prices testing 357.5.

Trading Ideas:
Copper trading range is 350.3-357.5.

Copper ended nearly flat, pressured by slowing growth in U. S. manufacturing

Copper looks to take support at 352.40 and resistance at 356.

Copper daily stock at Shanghai exchange came up by 3084 tonnes.