Nikkei weekly technical report for 9 to 13 may 2016

Nikkei weekly technical report for 9 to 13 may 2016 Nikkei weekly chart technical analysis Nikkei 225 index this week closed with loss. This was second weekly loss after last week strong sell off.   Nikkei future after making high around 16572 tumbled on stronger yen. Below 16580, Nikkei remain weak and sell on rise.   My tgts are 15550 and 14440 for May series.   While for 2016, Nikkei might remain underperforming market with price tgts 14500 and 12400.

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Pramod Baviskar

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