Nikkei monthly- next bullish targets 19170 and 20000

Nikkei 225 index December 2016 outlook

Nikkei 225 index December 2016 outlook

Nikkei 225 index on last trading session closed at 18426 with flat loss. Nikkei 225 is in uptrend and consolidating after big upside move. For month of December 2016, Nikkei future outlook remain bullish and above 17640 support strategy remain buy on dips. On upside 19170 and 20000 are Nikkei monthly target zones. Weekly closing below 17640 pivot support means downtrend and fresh sell signal for futures. On downside 16800 and 15300 are support zones as well as targets if downtrend start. From long term view, Nikkei future hit recovery phase target of 18800 and now watch for breakout above this level for target 21000.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.