- Major resistance – 9990 (trend line joining 10348 and 10016)
- Major support – 9880 (200 4H MA)
- DAX has made a high of 9988 at the time of writing and is currently trading around 9972.
- The intra-day trend is slightly bullish as long as support 9880 holds.
- Any break below 9880 will drag the index down till 9745/9706/9649 (21 4H MA).
- On the higher side, any break above 9990 will take the index till 10350/10400.
It is good to buy above 9990 with SL around 9880 for the TP of 10350/10400
