Copper regained their footing as nerves calmed a bit about the euro-zone debt crisis. Participants bought back previously sold positions after the metal lost heavily Monday. Inventories of copper stored in LME warehouses fell
1,025 metric tons, leaving them at 483,150. The most recent Comex inventory data, released late Monday afternoon, were unchanged at 101,242 short tons.

Copper has touched a low of Rs 299.3 a kg after opening at Rs 299.3, and last traded at Rs305.2. For today market is looking for the support at 300.1, a break below could see a test of 294.9 and where as resistance is now likely to be seen at 309.6, a move above could see prices testing 313.9.

Trading Ideas:

Copper trading range is 294.9-313.9.

Copper finished higher as euro zone worry eases

Copper is getting resistance at 306.60 and support is at 303.80 level.

Copper daily stock at Shanghai exchange came down by -120 tonnes.

BUY COPPER JUNE @ 301.50 SL 299.50 TGT 303-305.50-306.50.MCX