- Major support: 9300 (29th Sep low)
- DAX has made a low of 9410 and slightly recovered from that level. It is currently trading around 9562.
- Short term trend is slightly bullish as long as support 9300 holds.
- Any break below 9300 will drag the index down till 9216/9120/9000.
- On the higher side resistance is around 9605 and break above targets 9769/9865.
- Overall trend reversal only above 10200.
It is good to buy at dips around 9450 with SL around 9300 for the TP of 9750/9845