Copper tumbled to their weakest level since late March as worries about Europe's debt problems led to risk aversion in a broad range of markets.  Copper stored in warehouses affiliated with the LME fell 775 metric tons Tuesday to 505,350. The most recent Comex data, as of Monday afternoon, were steady at 101,128 short tons. Copper has touched a low of Rs 330.55 a kg after opening at Rs 344.6, and last traded at Rs331.95.For today market is looking for the support at 326.8, a break below could see a test of 321.7 and where as resistance is now likely to be seen at 340.9, a move above could see prices testing 349.8.

Trading Ideas:

Copper trading range is 321.7-349.8.

Copper tumbled as worries about Europe's debt problems led to risk aversion

Copper is getting resistance at 333.80 and support is at 330.40 level.

Copper daily stock at Shanghai exchange came up by 222 tonnes.

YESTERDAY LME STOCK FOR COPPER CAME Down  BY -775

SELL COPPER APR @ 334-335 SL 338.60 TGT 331.50-327.60-325.MCX