Copper prices are expected trade positive.One can  buy with  a  stop loss below 315. Prices may  test 322-24. 

 Copper on MCX settled up 0.19% at 317.90 recovered from the day's low as the dollar began to stabilise but markets continued to digest the implications of Britain's vote to exit the European Union. Copper on the London Metal Exchange traded flat at $4,710 a tonne after closing a tad firmer in the previous session. Copper's trading band is narrowing to $4,580-$4,795, with a break out expected short term. 

                      Trading Ideas  

1. Copper trading range for the day is 314.2-322.2.               

2. Copper remained supported as funds and traders reversed short-term bets of lower prices on expectations of economic stimulus.            

3. The central People's Bank of China said it will continue to implement prudent monetary policy and proactive fiscal policy.                

4. Hedge funds and money managers lowered their net short position in copper futures and options, taking it off the prior week's record, CFTC data showed.