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- Major intraday support -15200
- Major Intraday resistance- 15460 (200 H EMA)
- Nikkei225 has slightly recovered after making a low of 15218 at the time of writing. It is currently trading around 15360.
- The index is trading slightly well above Hourly Tenken- Sen and Kijun-Sen. But the index should close above 15460 for further bullishness..
- On the lower side immediate support is around 15180 (61.8% retracement of 14823 and 15795) and any break below targets 15000/14823(Jun 24th low).
- The Nikkei225 is facing resistance around 154600 (200 HMA) and any break above targets 15800/16000.
It is good to sell on rallies around 15350-15380 with SL around 15505 for the TP of 15200/15000/14830
