Japan stocks are higher, with Nikkei 225 up 0.40%
Japan stocks were higher, as gains in the Shipbuilding, Gas & Water, and Financial Services sectors led shares higher.
At the close in Tokyo, the Nikkei 225 gained 0.40%.
The best performers of the session on the Nikkei 225 were JGC Corp. (TYO:1963), which rose 3.24% or 56.00 points to trade at 1,786.00 at the close. Meanwhile, Chiyoda Corp. (TYO:6366) added 3.04% or 11.00 points to end at 373.00 and Fujifilm Holdings Corp. (TYO:4901) Was up 2.76% or 194.00 points to 7,212.00 in late trade.
Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1875 to 1588 and 352 ended unchanged.
The Nikkei Volatility, which measures the implied volatility of Nikkei 225 options, was up 4.10% to 18.78.
NIKKEI 225 TECHNICAL ANALYSIS
Nikkei 225 is currently trading in up channel.
Nikkei 225 is currently trading above all SMA
RSI is in buying zone which suggests bullishness and Stochastic is suggesting up trend.
Nikkei 225 immediate resistance is at 28184 & its immediate support level is at 27995
HOW TO TRADE NIKKEI 225 INDEX IN THIS WEEK
Nikkei 225 is moving in up channel; it will remain in up channel until any trend reversal. So, remain bullish on it.