Nikkei 225 Daily Forecast Aug 01 2014

Stock-9857023

Outlook in Nikkei 225  index remains on the upside as long as support 15395 holds on a daily closing basis , resistance comes at the 15590 levels ahead of  15750 (main) , sustained trading above the 15750 levels would open 15950 next , further upside will aim the 16175 levels….

On the downside , support comes at the 15395 levels (main) , losing this level on a daily closing basis will turn outlook neutral  towards  the 15100/14995 levels before the next possible rise …

In all , as long as 15395 holds on a daily closing basis , outlook in the Japanese  index remains on the upside towards the 15590/15750 levels and possible higher towards the 15950 levels , below the  15395 levels , the index will reverse risks towards the 15100/14995 levels before the next possible rise …

 

Nikkei 225 Daily Forecast Aug 01 2014

MARKET DATA

UPCOMING ECONOMIC EVENTS