Copper fell to their lowest level in two weeks on general worries about the strength of the global economy, particularly with China still looking to looking to cool its real-estate sector. Some of the pressure appeared to be technical in nature, with copper remaining below its 20-day moving average and falling below support. London Metal Exchange copper stocks down 925 tonnes to 474,300 tonnes. Copper has touched a low of Rs 303.15 a kg after opening at Rs 315.35, and last traded at Rs305.95.For today market is looking for the support at 300.9, a break below could see a test of 295.9 and where as resistance is now likely to be seen at 313.3, a move above could see prices testing 320.6.

Trading Ideas:

Copper trading range is 295.9-320.6.

Copper yesterday hits 2 week low amid economic concerns

Copper looks to take support at 303.20 and resistance at 307.80

Copper daily stock at Shanghai exchange came down by -1100 tonnes.

SELL COPPER JUNE @ 307-308 SL 310.40 TGT 304.80-302.50-300.20.MCX