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DAX technical chart indicates that index is finding strong support at current levels, it is finding 200 DMA and 50% fibonacci retracment support.
So far chart indicates that it is moving up from its support zone as long as it holds above bulls will be favored and technical also indicates that 200 DMA pays a very important role, weakness can be seen in DAX index once it closes and holds below.
Visit this blog daily for trading tips on share market.
Indusind bank NSE - national stock exchange of India technical chart indicates that it is moving up from strong trend line support zone. So bulls will be favored. Upper side will strong resistance at its trend line as shown in above image.
Stock indicators are in -ve zone so far once they turn +ve then further bullish action can be seen.
EIMCO ELECON INDIA
Eimco elecon stocks chart indicates that it has formed head and shoulder pattern in daily chart. Bulls action can be see once it closes and holds above its trend line resistance zone as shown in above image.
Stocks trading volume is very very low hence entry and exit will not be an easy task.
Visit link for analysis on Nasdaq stock charts.
Bajaj auto stock market tips indicates that it has closed above its strong trend line resistance zone as long as it holds above bulls will be favored and further bullish action can be seen in coming day.
MACD indicator is moving in positive zone this will favor bulls and RSI indicator too below danger zone.
Stock will now find next strong trend line resistance at its previous top as shown in above image.
Visit our site for more free Indian stock market tips.
BSE sensex intraday technical chart indicates that it is finding strong resistance at current levels, it is finding 100 moving average resistance and golden ratio resistance.
Once it closes and holds above its 2 resistance zone then bulls will be favored and further price rise action can be seen in day trading. So far its trend indicator "MACD" is moving in positive zone.
Suggested reading - What is sensex in bombay stock exchange.
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