Nikkei breaks minor resistance, jump till 18280 is possible
Minor resistance -17600
The index has broken minor resistance 17600 today morning which confirms a minor bullishness , a jump till 1800/18280 is possible .
Any weakness can be seen only below 17000. The minor support is around 17200.
Break below 17000 will drag the index down till 16650/16500 in short term.
Overall bearish invalidation only above 18600.
It is good to buy at dips around 17450-500 with SL around 17200 for the TP of 18000/18280
The index has broken minor resistance 17600 today morning which confirms a minor bullishness , a jump till 1800/18280 is possible .
Any weakness can be seen only below 17000. The minor support is around 17200.
Break below 17000 will drag the index down till 16650/16500 in short term.
Overall bearish invalidation only above 18600.
It is good to buy at dips around 17450-500 with SL around 17200 for the TP of 18000/18280