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..