Nikkei 225 Daily Forecast Oct 30 2014

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Outlook in Nikkei 225  index remains on the upside as long as support 15455 holds on a daily closing basis , resistance comes at the 15753 levels , a halt is likely , but a break would open 16130 next , further upside will aim the 16550 levels..

On the downside , support comes at the 15455 levels , losing this level will turn outlook neutral for retesting the 15060  levels before the next rise…

In all, as long as support 15455  holds on a daily closing basis , outlook in Nikkei 225  index remains on the upside towards the 15753 levels ahead of the 16130 levels, below the 15455 will bring a corrective pullback towards the 15060  levels before the next rise.

 

Nikkei 225 Daily Forecast Oct 30 2014

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