nikkei weekly : 17650 is resistance as well as target

NIKKEI future weekly technical analysis for 28 march to 1 april 2016

NIKKEI future weekly technical analysis for 28 march to 1 april 2016

Nikkei index this week closed with gain. Weekly price trend is down but momentum is strong bullish and recovery rally continues. Nikkei after last 2 weeks profit booking sees some buying hence positive closing.   My target is at 17650 and we saw high up to 17300 and then correction and consolidation. On downside 16250 is major support and above it keep buy and accumulate view or bullish view for Nikkei future with price target 17650. Above 17650, next major resistance as well as target will be at 19k.

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 © 2017. 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.