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Friday, January 31, 2014

European Indices looks a bit tired & weak!!!

DAX@ Germany@ Could see correction where 9006/8995 is the first immediate strong support area...below that closing it could find support close to 8675/8622 for a bounce

 FTSE@ UK@ Closing below 6528 couls take it lower upto 6412/6384 and on further weakness below 6384 could see downside level of upto 6116/6069 before it bounce back again.

 CAC@ Paris@ Below 4157 could see downside level of upto 4070/4060 for a bounce.

 FTSE MIB@ ITALY@ Finds strong support close to 17900 to 17850

 IBEX@ MEXICO@  9760 to 9735 is the tight support area for it. 
Its the first immediate support area.
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