Morning Briefing Global Stocks
$DIA, $DAX, $DJSH, $N300, $NSEI
Commentary: Stocks look Bullish in here, but there are major resistances above current marks which may hold and bring down the prices in the medium term and may not. PE
DJIA at 25241.94, +0.79% and DAX 12689.39, +1.12% both are up sharply.
DIA is trying to break above 25250, and turn Bullish on a strong rise above 25250
DAX looks Bullish to resistance at 12900-13000, but is may come off after testing 13000.
Nikkei at 22621.22, +0.49% bounced from support, and could re-test higher at 22800-23000 near term.
Shanghai at 2898.71, -0.24% is stable, and sees near term resistance at 2950, which could be tested this week before coming off.
Nifty at 11134.30, +0.45% rose above 11100 and closed higher Tuesday. Nifty could continue to rise to near term resistance 11200 before seeing a short term dip.
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