• Major Support -15833 (4 Hour Kijun-Sen) 
   
• Major Intraday resistance- 16640 (Cloud top) 
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• Nikkei225 has jumped till 16576 at the time of writing and slightly declined from that level. It is currently trading around 16314.
   
• The index upside upside has been capped by ichimoku cloud and any break above confirms further bullishness.
   
• On the lower side immediate support is around 16267 (4H Tenken-Sen) and any break below targets 16000/15830.
   
• The Nikkei225 is facing resistance around 16640  and any break above targets 16850/17000/17250. 
  
  It is good to buy on dips around 16000 with SL around 15800 for the TP of 16600/16840