Morning Briefing Global Stocks

Morning Briefing Global Stocks

Morning Briefing Global Stocks

$DIA, $DAX, $DJSH, $N300, $NSEI

Commentary: Nothing new. PE

DJIA at 22026.10, +0.04% is stable in here, and could move slowly North to 22500 where some rejection may come into play.

DAX at 12154.72, -0.22% is ranged within the 12350-12080 for the last 9 sessions, and could continue for a bit. There is some room to come off towards 12000 in here..

Shanghai at 3280.92, +0.24%) needs to sustain above 3300 in order to continue moving up. Else a corrective dip towards 3200 is possible in the coming sessions. Trend remains North.

Nikkei at 19956.58, -0.36% trading in sideways consolidation and lacks directional clarity now. Need to wait for a few more sessions to get a signal on whether it would move above 20200 or come down to 19900 and below.

Nifty at 10013.65, -0.67% is coming off from the resistance seen on the 3-day. It could now come off towards 9900 as I said Thursday.

Have a terrific weekend…

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