Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks


Commentary: DJIA is set up to rally PE

DJIA at 24542.54, +0.75% has closed above 24500, breaking above the near term range. While DIA continues to rise, it could head to 25000 yet this week.

DAX at 12943.06, +0.24% is in an uptrend headed to 13200 near term.

Nikkei at 22440.44, +0.14% is ranged within 22400-22600 region, 1st resistance at 22600 is holding. There are equal chances of the index moving North or South. Wait to see.

Shanghai at 3168.81, +0.31% looks Bullish near term, while trading above 3150 it could test 3200-3250 in here. Near term looks Bullish to me.

Nifty at 10741.70, +0.22% could have room to test at 10800-10850 near term. Support at 10600 is holding.

Sensex at 35319.35, +0.29% is seen move to 35500-35750.

Stay tuned…

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