Market Analysis of DAX40 on Monday 20 May 2024

2024-05-20 18:46Fonte:BtcDana

DAX40 TECHNICAL ANALYSIS SHORT TERM VIEW     

 DAX 40 running in positive trend and its immediate strong support are 18490 to 18643 level .  Stop loss is 18450 level and it can rise above 19210 level or higher levels .Intraday purpose buying is better for targets 18800,18825 and 18850 levels respectively with stop loss 17500 level .

 QUICK FUNDAMENTAL LOOK                                                                     

Many fund managers are growing bullish over prospects for equity markets in Europe, where cheap valuations and a recovering economy make for a compelling investment case.

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

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