Morning Briefing Global Stocks
$DIA, $DAX, $DJSH, $N300, $NSEI
Commentary: Nothing New. PE
DJIA at 25320.73, -0.0062%, and DAX 12842.30, -0.0048% look stable with a slight dip from Tuesday’s marks Upside for DIA is open to 25750, while DAX could say stable this week.
Note: Watch Key resistance 12900 and 13100 on DAX.
Nikkei at 22934.58, +0.25% is up and could move to 23000-23500 medium term while trading above 22800. Near to medium term looks Bullish to me.
Shanghai at 3065.75, -0.44% looks stable above support at 3050. Then see it breaking South to 3000. Negate that on a bounce above 3100.
Nifty at 10842.85, +0.52% has closed below major resistance at 10850. A clear break above 10850 is needed to move up medium term. Might happen.