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Bull Return *RES 4: 3448.24.......>

EUROSTOXX50 TECHS
EUROSTOXX50 TECHS: Bull Return
*RES 4: 3448.24 High Mar 3
*RES 3: 3394.90 High Jun 8 and the bull trigger
*RES 2: 3355.76 High Jun 10
*RES 1: 3335.40 High Jul 2
*PRICE: 3320.09 @ Close Jul 2
*SUP 1: 3181.12 Low Jul 1
*SUP 2: 3149.67 Low Jun 25
*SUP 3: 3131.79/3054.11 50-day EMA / Low Jun 15
*SUP 4: 3063.88 Bull channel base drawn off the Jun 16 low
EUROSTOXX 50 index recovered yesterday in line with continued gains in the
equity space. The break of resistance at 3317.87, Jun 23 high is a positive
development and suggests a bullish tone is likely to dominate for now with scope
for gains towards key resistance at 3394.90, Jun 8 high. On the downside, key
support has been defined at 3149.67, Jun 25 low. A breach of this support is
required to reinstate a bearish threat.

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