Morning Briefing Global Stocks
$DIA, $DAX, $DJSH, $N300, $NSEI
Commentary: DIA broke out looks Bullish. PE
DJIA at25414.10, +0.68% has broken out above 25250, signaling near term Bullishness. While the momentum is on, DIA should to 26000 or higher near term after a confirm test of the breakout.
DAX at 12579.33, -0.87% in see/saw mode trading within 12800-12500 without directional clarity. While trading above 12500, a rise to 12900-13000 is possible. Or DAX could fall to 12300-12200 medium term.
Nikkei at 22592.23, -0.097% dipped, but could range trade within 22600-23000 for now. Nikkei is trading at important marks and there is no direction yet, Neutral.
Nifty at 11132, -0.021%, and Shanghai at 2892.26, -0.39% are stable seeing no major movement in here. Trade within 11200-11000 in Nifty to continue for now, while Shanghai could test resistance at 2950 then fading.
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