- Major Resistance - 8925 (trend line joining 9622 and 9111)
- Major support - 8670 (trend line joining 9251 and 8777)
- DAX has taken support near trend line 8696 (trend line joining 9251 and 8772) and recovered. It is facing trend line resistance at 8925.
- Any break above 8925 will take the index till 9050/ term bullishness only above 9250 (support turned into resistance)
- On the lower side minor support is around 8800 and break below targets 8745/8692)
Buy DAX above 8925 for the TP of 9050/9130 with SL around 8800.
