Copper fell with non-U.S. investors hit by the euro's slide versus the dollar due to growing worries over debt-laden Greece, and as market players worried demand might be slowing in top metals buyer China. The metal was down with the euro and U.S. equities after the European Union's statistics agency said Greece's deficit is greater than originally reported and could be revised higher. Copper has touched a low of Rs 341.1 a kg after opening at Rs 345.5, and last traded at Rs342.95.For today market is looking for the support at 340.6, a break below could see a test of 338.3 and where as resistance is now likely to be seen at 345.7, a move above could see prices testing 348.5.

Trading Ideas:

Copper trading range is 338.3-348.5.

Copper ended down due to investors worry over Greece

Copper is getting resistance at 344.20 and support is at 341.60 level.

Copper daily stock at Shanghai exchange came down by -901 tonnes.

SELL COPPER APR @ 345 SL 347.50 TGT 343.20-341.60.MCX

YESTERDAY LME STOCK FOR COPPER CAME Down  BY -675