Zoukers

Look at late 2013 price actions.

Long
Zoukers Updated   
TVC:NI225   Nikkei 225 Index
There are only similarities.

I am bullish (refer to previous analysis under NI225 & JPN225) but I have to be cautious.

Comment:
Dividends : JPY157

Currently at JPY23930

In real term its up JPy150 so far today

Reinvestment of dividends
Comment:
Buying dip.

in the last few trading days in Sept for Japanese stocks are always red.

This dip is good opportunity to add long.
Comment:
Broke to new high. Keep buying dip
Comment:
Short term Minimum correction done

Let's wait for reaction.

Need to break above JPY24125 first to move higher or do double correction towards JPY23600
Comment:
So far there is a nice reaction from support level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.