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Nikkei breaks minor resistance, jump till 18280 is possible

  • Minor resistance -17600
     
  • The index has broken minor resistance 17600 today morning which confirms a minor bullishness , a jump till 1800/18280 is possible .
     
  • Any weakness can be seen only below 17000. The minor support is around 17200.
     
  • Break below 17000 will drag the index down till 16650/16500 in short term.
     
  • Overall bearish invalidation only above 18600.

    It is good to buy at dips around 17450-500 with SL around 17200 for the TP of 18000/18280            
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