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- Major support 8850 (trend line joining 9450 and 9300)
- DAX has declined till 8887 and started to recover from that level. It is currently trading around 8984.
- On the higher side minor resistance is around 9085 (7 day 4H EMA) and any break above will take the index till 9180/9273.
- Overall bearish invalidation only above 9550.
- The index major support is around 8850 and below that level index will reach till 8680/8350.
It is good to buy at dips around 8950 with SL around 8850 for the TP of 9085/9180
