Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI

Commentary: Tuesday’s futures are in the Green. PE

DJIA at 25013.29, +1.21% tested at 25086 intra-day. The break above 25000, if it holds, has turned DIA Bullish medium term for a move to 25600 and higher.

DAX at 13077.72, -0.28% was closed Monday, but overall DAX looks Bullish to 13300-13400. the 1st Key support is 13000.

Nikkei at 22997.41, -0.022% is testing support, while it holds, near term looks Bullish to me. A Northside move to 23200-23400 is seen near term.

Shanghai at 3196.69, -0.55% might move to 3250 or higher, and while it trades above 3150-3200, my view is Bullish.

Nifty at 10516.70, -0.75% is Bearish in here. A fall to 10440-10400 is possible now..

Stay tuned…

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