• Minor Support - 17500
   
• Nikkei225 jumped till 17704 and slightly declined from that level.The index is still holding above 17500 and is currently trading at 17659 0.25% higher.  
• Technically index is slightly bullish as long as support 17200 holds.
   
• On the higher side, major resistance is around 17800 and any close above targets  18000/18300.
   
• The index immediate support is at 17425 (5- day MA) and any break below will drag the index down till 17250 (10- day MA)/16800 in the short term.
   
• The index should break below 16800 for further weakness.
  
   It is good to buy on dips around 17400  with SL 17200 for the TP of 17800/18000.