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- Major Intraday support – 15580 (Hourly Kijun-Sen)
- Major support -14770 (Feb 2nd 2016)
- Major Intraday resistance- 15720 (200 H MA)
- Nikkei225 has broken minor resistance at 15500 and jumped till 15795 . It is currently trading around 15700.
- The index is trading slightly above 15682 (4 H Kijun-Sen) and it should break above 15850 (90 4H EMA) for further bullishness.
- On the lower side immediate support is around 15385 (21 4H MA) and any break below targets 15250/14990/147700.
- The Nikkei225 is facing resistance around 15850 (90 4H EMA) and any break above targets 16250/16480.
It is good to buy at dips around 15550 with SL around 15385 for the TP of 15900/16250
