Dassault Aviation Shares Rebounds 3% Today
Shares of Dassault Aviation rebounded nearly 3% in Tuesday’s session to €292 on the Paris Stock Exchange, following the ceasefire agreement between India and Pakistan.
Dassault Aviation Shares Rebounds 3% Today
Shares of Dassault Aviation rebounded nearly 3% in Tuesday’s session to €292 on the Paris Stock Exchange, following the ceasefire agreement between India and Pakistan.
Dassault Aviation shares surged after the Indian Air Force conducted “Operation Sindoor” on May 7
“Dassault Aviation has immediate support at €290, with the next key level near €260 if that breaks. The current technical setup suggests the stock is poised for a potential rebound toward €330. The RSI (14) on the daily chart is around 45, indicating a neutral to sideways trend, but also hinting at a possible bounce from current levels,” said by Riyank Arora, Technical Analyst at Mehta Equities Ltd.
Notably, Dassault Aviation manufactured the Rafale fighter jets that were used by Indian Armed Forces to destroy terror camps across Pakistan and Pakistan-occupied Kashmir during Operation Sindoor.
