• Major Resistance- 11500
   
• Major support – 11270 (10- day MA)
   
• The index is showing a continues upside for the past three trading session and is trading well above Nov 2015 high.DAX30 jumped till 11475 at the time of writing and is currently trading around 11473.
   
• The index is facing short term resistance around 11500 and any break above will take the DAX till 11670 (5TH Aug 2016 high)/11805.
   
• Minor term trend is bullish as long as support 11270 (10- day MA) holds.
   
• On the lower side, minor support is around 11270 (7- day MA) and any break below 11270 will drag the index down till 10940 (21- day MA)/10800 (55- day EMA).
   
• Short term weakness only below 10000.
  
  It is good to buy on dips around 11350-380 with SL around 11200 for the TP of 11880.