Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI

Commentary: Nothing new. PE

DJIA at 21613.43, +0.47%may be ranged within 21700-21500 for the next 2-3 of sessions. There is some chance of testing 21800 on the Northside while 1st support near 21500 holds.

DAX at 12264.31, +0.45% trying to recover from near 12140, and could rise towards 12400 in the coming sessions. There is support near 12000 on the 3-days coming up from 16 June, while that holds, DAX is likely to recover near term with some chances of a dip to 12000-11870.

Shanghai at 3240.27, -0.11% is stable and could come off or remain sideways from 3260/70. There is room on the Southside to 3200 which is possible in here.

Nikkei at 20048.62, +0.47% moved up a bit as USD/JPY and the US-Japan yield spread bounced, good support is at 1960, while that holds, Nikkei could move to 20500 soon.

Nifty at 9964.55, -0.02% opened at 10011 Tuesday before coming off sharply to close at 9964, 10000-10050 may act as 1st resistance, while that holds, I expect some correction in Nifty near term.

Stay tuned…

The following two tabs change content below.
HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.