Major resistance - 11680
DAX halted its minor weakness after hitting low of 11406. All European markets is trading near 5-month high after UK Parliament rejected no deal Brexit deal and hopes of delay in Brexit is supporting markets. A new vote will take place later Thursday on a postponement to the current Mar 29th deadline. It hits intraday high of 11642 and is currently trading around 11595.
After break below 11400 (20- day MA) will drag the index till till 11198 (100-day MA)/11000.Major weakness only below 10800.
The near term minor jump is possible only above 11680 and any break above that level will take the index till 11800/12000.
It is good to buy on dips around 11525-550 with SL around 11400 for the TP of 11990.
