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Daily Market Analysis 29.04.2022: DE30

Instrument: DE30

Technical Analysis

Bullish Preference:  
Buy position is envisaged if price trades above 14203.4 with take profit at 14221.6
Bearish Preference: 
Sell position is envisaged if price trades below 14124.2 with take profit at 14103.8
Fundamentals:
No major fundamental

Comment: 
Germany stocks were higher after the close on Thursday, as gains in the Retail, Software and Technology sectors led shares higher. At the close in Frankfurt, the DAX gained 1.35%, while the MDAX index added 0.88%, and the TecDAX index climbed 1.45%.

Analysis: SCRUM Team

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