Copper ended weak as worries about the global economic recovery, and about demand for the metal, crept back into market sentiment. Inventories of copper stored in LME warehouses rose 1,000 metric tons Tuesday, leaving them at 414,075. The most recent Comex inventory data, released late Monday afternoon, were down 129 short tons at 100,829 short tons. Copper has touched a low of Rs 339.35 a kg after opening at Rs 343.5, and last traded at Rs341.95.For today market is looking for the support at 339.5, a break below could see a test of 337 and where as resistance is now likely to be seen at 344.4, a move above could see prices testing 346.8.

Trading Ideas:

Copper trading range is 337-346.8.

Copper ended weak on worries about the global economic recovery

Copper looks to take support at 339.50 and resistance at 344.40.

Copper daily stock at Shanghai exchange came down by -350 tonnes.