DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW
DAX 40 running in positive trend and its immediate strong support are 17850 to 17986 level . Stop loss is 17850 level and it can rise towards 18230 level or higher levels .Intraday purpose buying is better for targets 18190,18220 and 18250 levels respectively with stop loss 17850 level .5 minute chart indicating for rise above 18230 anytime with stop loss 17850 level.
QUICK FUNDAMENTAL LOOK
European shares rose on Monday, with investor optimism over interest rate cuts from major central banks back to the fore, while Spanish defence and technology firm Indra jumped following a strong first-quarter profit.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.