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- Major support – 10200
- The index has broken major support at 10200 and declined till 10115 at the time of writing. It is currently trading around 10131.
- DAX is declining continuously for the three straight sessions after making a temporary top around 10475 level.
- On the lower side, the immediate support is at 10070 (90 4H EMA) and any break below will drag the index down till 10000/9962 (200 4H MA)/9840.
- Overall trend reversal only above 10500 level.
It is good to sell on rallies around 10220-10250 with SL around 10500 for the TP of 9962/9845.
