Nikkei trades in narrow range , good to buy at dips

• Major Support - 15500
   
• Major resistance - 16300
   
• The index has made a low of 15533 and recovered till  from that level. It  is currently  trading around 15857.Intra day trend is slightly bullish as long as support 15500 holds .
   
• Any break below 15500 confirms minor weakness and decline till 15000/14750 is possible in short term.On the higher side minor resistance is around 15910 and break above targets 16300/16450.
   
• The index short term resistance is around 16450 and break above targets 16800/17000/17300.
   
•  Short term bearish invalidation only above 17300.

 It is good to buy at dips around 15700 with SL around 15500 for the TP of 16000/16300