DOW JONES

Over the past 2 month, Indian & Asian Mkts have been driven by the behaviour of Dow Jones and Nasdaq. Dow Jones has a very crucial support level at 12000 & 11800 and it is currently trading very close to those levels. The next few sessions would be very crucial for Global markets as if this crucial support level is broken or notThe last time, Dow touched 12000 was on 22nd January after which it rebounded quickly to higher levels. After yesterdays ROCKIN session, apparently investors are positive for a higher open as Morgan Stanley have beaten street expectations. Let’s wait and watch for next few session which will give us all important cues for next week trades.