Market Analysis of DAX40 on Friday 28 JUNE 2024

2024-06-28 17:42Source:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW    

 DAX 40 running in positive trend and its immediate strong support are 17870 to 18115 level .  Stop loss is 17850 level and it can rise towards 18900 level minimum   .Intraday purpose buying is better for targets 18350,18380 and 18450  levels respectively with stop loss 17850 level. Wave 5 should take towards 19300 level with stop loss 17850 level .

QUICK FUNDAMENTAL LOOK

                                                                 

European shares rose on Friday as firmer crude oil prices lifted energy stocks, with investors also keeping an eye on an U.S. inflation print which could be key in gauging the global monetary policy path.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

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