Nikkei Nikkei has broken major support 19200 and declined till 18863. It is currently trading around 19060 level.Intra day trend is still weak as long as resistance 19200 holds Any break above 19200 will take the index t…
Nikkei has broken major support 19200 and declined till 18863. It is currently trading around 19060 level.Intra day trend is still weak as long as resistance 19200 holds
Any break above 19200 will take the index till 19300/19680. Overall bullishness can be seen if it closes above 20000.
On the lower side major support 18800 and break below targets 18630/18500 in short term.
It is good to sell on rallies around 19250-300 with SL around 19500 for the TP of 19000/18800
Hangseng
Hangseng index has broken 21700 ( Oct 6th low) and declined till 21635 level It is currently trading around trend is still weak a decline till 21450/21000 is possible .
On the higher side minor resistance is around 22000 and break above targets 22250/22350/22500. The short term major resistance is around 22600 level.
It is good to sell on rallies around 22000-22050 with SL around 22250 for the TP of 21700/21450
