Copper ended the session on 30 Jan 2017 at INR 398.10 per kg. The prices tested a high of INR 404.95 per kg and a low of INR 394.60 per kg. 

Technical charts suggest that breach below INR 395 per kg will be damaging for Copper. Indian Copper breached important levels of Rs 400 during the day but was not able to pull back below the next hurdle of Rs 395 per kg. A correction from here can take prices close to INR 395 and 390 per kg in medium term. On the higher side Rs 399 and 404 per kg are resistances. The ideal strategy can be to buy Copper on declines. Buying from Rs 395 and 392 is expected in Copper today. 

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