Can anybody tell if items saved in windows Excel clipboard can be saved in the Excel or windows memory for future use because once you close Excel files the clipobard also goes but I want to save clipboad with items saved in it future use without have to copy items into clipboard again or is there any othe other clipboard that can do this

This might be what you are looking for. A freeware program that can store all the stuff saved on your clipboard using "Boilerplate" mode. The help file will help to explain this.