Morning Briefing Global Stocks
$DIA, $DAX, $DJSH, $N300, $NSEI
DJIA at 24456.48, +0.41% moved up, and while psych support 24000 holds see sideways trade within 24000-24750 before the DIA moves higher. Near term looks Bullish to me.
DAX at 12496.17, +0.26% moved up and looks Bullish in here targeting 12800-13000.
Nikkei at 22063.74, +1.26% broke above 22000, and if the index holds above 22000, it could target 22400-22600 medium term.
Shanghai at 2789.08, +1.52% can see 2700-2650 in here, do not expect a fall below 2650 long term, and the a rising back to 2800+ and higher long term.
Nifty at 10772.65, +0.21% sees Key resistance at 10800. While Nifty trades below 10800, Bearishness will hold. A clear break above 10800 trigger medium term Bullishness.
Have a terrific week.