Morning Briefing Global Stocks

Morning Briefing Global Stocks

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.

Stay tuned…

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