JP225 TECHNICAL ANALYSIS SHORT TERM VIEW
JP225 is running in wave 4 and in major support area .It looks like triple zigzag correction completed or near to completion and it can very sharply jump over 34000 in overall analysis.Overall trend stop loss is 29700 and it can fly upside towards 34000 .Major trend is positive so buying is better for intraday or positional purpose with stop loss 29700 for upside rally.
QUICK FUNDAMENTAL LOOK
The Nikkei 225 Index rose 0.7% to above 30,700 while the broader Topix Index gained 0.5% to 2,230 on Thursday, snapping a five-day decline and taking cues from a positive lead on Wall Street as softer-than-expected US jobs data drove bond yields lower, giving equities a much needed reprieve
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.