JP225 TECHNICAL ANALYSIS SHORT TERM VIEW
JP225 made ABC pattern correction and now it can fall downwards 38500 level with stop loss 40100 shown in chart . Intraday purpose selling is better for targets 39100, 39000 and 38800 levels respectively with stop loss 40100 level.
QUICK FUNDAMENTAL LOOK
The Nikkei 225 Index dropped 0.7% to around 39,600, while the broader Topix Index fell 0.3% to 2,775 on Monday, as Japanese markets reopened following a week-long holiday.
POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .