Major support - 20800
Asian markets are trading higher especially Shanghai jumped more than 1.5% after UK lawmakers voted to delay Brexit.The slightly weaker yen is supporting Nikkei and USDJPY has jumped more than 80 pips from low of 111.British MPs have voted by 413 to 202 to delay Brexit and UK PM May said that Brexit could be delayed by another 3 months. US markets has closed flat with Dow Jones at 25709 (0.03% higher) and S&P500 2808 (0.09% lower).Nikkei has has recovered nearly 200 points from low of 21276. It is currently trading around 21511.
On the lower side, near term support is around 21197 (89- day EMA) and any break below targets 20800/20500/20320.
The near term resistance is at 21545 (300- day EMA) and any break above targets 21650/21800.
It is good to buy on dips around 21000 with SL around 20800 for the TP of 21364/21500.
