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- Major resistance – 9815 (90 4H EMA)
- The index has broken psychological resistance at 9800 and jumped till 9812 at the time of writing. It is currently trading around 9769.
- DAX30 should close above 9815 for further bullishness. Any break above 9815 will take the index till 9970 (200 4H MA)/10084 (200 day MA)/10300.
- On the lower side, minor support is around 9659 (4 H Tenkan-Sen)/9572/9510 (yesterday low).
- Short term weakness only below 9400 (61.8% retracement of 9161 and 9795).
It is good to buy at dips around 9725-9730 with SL around 9660 for TP of 9970/10084.
