Copper finished with small gains, pulling off early highs when the dollar recouped its losses, but supported by positive economic data from China, the world's largest consumer of the red metal, and by mine stoppages in Zambia.
Inventories of copper stored in LME warehouses rose 3,175 metric tons, leaving them at 397,325. The most recent Comex inventory data, released late Tuesday, were up 1,022 short tons at 66,612 short tons.
Copper has touched a low of Rs 302.85 a kg after opening at Rs 304.05, and last traded at Rs304.6.For today market is looking for the support at 302.10 a break below could see a test of 299.60 and where as resistance is now likely to be seen at 307.70, a move above could see prices testing 310.90.
