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Short

DAX30 forms Gravestone Doji, targets 9650

FX:GER30   The DAX Index
233 0 10
Candle stick pattern- Gravestone Doji

Major resistance -10120

Dax             has retreated after making a high of 10116.It is currently trading around 9967.

Short term trend is weak as long as resistance 10120 holds. Any break above 10120 will take the index up till 10400/10620.

On the lower side minor support is around 9880 and break below targets 9760/9600 in short term.

It is good to sell on rallies around 9980-9990 with SL around 10120 for the TP of 9760/9650.
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