Nikkei225 trades well above 1500, targets 16250

• 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