Market Analysis of JP225 on Tuesday 12 September 2023

2023-09-12 13:52Source:BtcDana

JP225 TECHNICAL ANALYSIS SHORT TERM VIEW                                                      JP225 has strong support 32513 to 32800 levels and it can rise towards  towards 33000  levels  without touch 32270 level .Overall trend is positive  and as long as it hold support it can rise towards 34000 level as well.Inner calculations suggesting for intraday purpose 32260 stop loss  and it can rise for 32810 ,32850 and final target 32900 .

 QUICK FUNDAMENTAL LOOK                                                                     

The Nikkei 225 Index rose 0.5% to above 32,600 while the broader Topix Index gained 0.4% to 2,370 on Tuesday, recouping losses from the previous session and tracking gains on Wall Street overnight as positive corporate updates lifted shares of key technology names in the US.

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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