Germany DAX Index:
- Germany DAX index has recovered till 10406 at the time of writing after making a low of 10269. It is currently trading at 10413.
- The index minor support is around 10200 and break below targets 10000/9890.
- On the higher side major resistance is around 10466 (Kijun-Sen) and break above confirms minor trend reversal a jump till 10630/10800 is possible.
It is good to buy at dips around 10250-300 with SL around 10000 for the TP of 10630/10760.
UK FTSE 100:
- FTSE 100 has slightly recovered till 5975 after making a low of 5918. Short term trend is slightly bullish as long as support 5874 holds.
- On the higher side major resistance is around 6020 and any break above 6020 will take the index till 660/6105/6130. The major resistance is around 6180.
- The pair's major support is around 5875 (Sep 29th low) and break below targets 5800.
It is good to buy at dips around 5925-40 with SL around 5875 for the TP of 6020/6060
France CAC Index:
- CAC has recovered till 4577 after making a low of 4519 from that level. It has closed around 4575.
- On the higher side minor resistance is around 4640 and any break above 4640 will take the index to next level 4700/ trend reversal only above 4860.
- The index support is at 4500 and below that level will target 4380.
It is good to buy at dips around 4550-60 with SL around 4500 for the TP of 4640/4700.
