Major Asian Indices Technical's

Hang Seng:

• Hang  Seng has broken major support 21100 and this this confirms minor weakness a decline till 20650/20380 is possible . It is  currently trading around 21261
  
  
• The index resistance is at 21400 and any indicative break above that level will take the pair to next level 21635/21850/22000 level.Short term bearish invalidation only above 22300.
  
  
• On the lower side minor support is around 20900 and any break below will drag the index till down till 20600/20380level.

It is good to sell on rallies around 21350-400 with SL around 21635 for the TP of 20900/20650

Nikkei

• Nikkei has broken major support 18080 and a dip till 17650 is possible is currently trading at 18125.
  
  
• the index is facing support around 17900 and any break below targets 17650/17300.
  
  
• On the higher side major resistance is around 18650 and break above targets 18800/19170 break above 19170 (12 M MA)  above targets 19300/19460/19690. Minor resistance is around 18300/18650.

It is good to sell on rallies around 18250-300 with SL around 18650 for the TP of 17900/17650.

ASX200:

• ASX200 has broken major support 5150 and declined till 5110. It is currently trading around 5125
  
  
• Short term trend is still weak as long as resistance 5230 holds.
  
  
• On the lower side minor support is around 5100 and break below targets 5050/5130 level.
  
  
• Any break above 5230 will take the pair to new level 5285/5300.

It is good to sell rallies around 5160-70 with SL around 5230 for the TP 5100/5050.

Kospi :

• Kospi has broken major support 1950 and a decline till 1900 is possible . The index is currently trading at 1935
  
  
• Short term trend is still bearish as long as resistance 2010 holds. On the higher side minor resistance is around 1980 and break above targets 2010/2026/2040 in short term.
  
  
• The major support is around 1920 and below that level will take the index to next level 1900/1868.

It is good to sell on rallies around 1935-40 with SL around 1960 for the TP of 1900