Nikkei is trading in narrow range around 20000 and 18531 in the Dec month. the index has taken support near 18600 (55 W EMA) and slightly recovered from that level. Any short term weakness can be seen only below 18500 an…
Nikkei is trading in narrow range around 20000 and 18531 in the Dec month. the index has taken support near 18600 (55 W EMA) and slightly recovered from that level.
Any short term weakness can be seen only below 18500 and below that a dip till 18090/17650 is possible .
Minor short term resistance is around 19170 (12 M MA) and any close above targets 19300/19460/ bullishness can be seen if it closes above above 20000 targets 20900.
It is good to sell on rallies around 19500 with SL around 20000 for the TP of 18600/18090
