Japan's Nikkei continues to rise. What are the expected new buying areas?

Analysis of the Japanese Nikkei Index and the Best Buying Zones

 

The Japanese Nikkei index has indeed risen as previously anticipated.

It has successfully broken through resistance levels and achieved all targets.

Currently, the index has established strong new buying zones

near the 51940 level, which is considered the best buying area at present.

The outlook still points to continued upward movement of the index in the long term.

Therefore, it is recommended to focus on buying opportunities during any correction in the index.

 

Expected Targets

As mentioned, the new buying zones are located near the 51940 level.

This is considered the best buying area at present. If this level is tested,

 it is expected that the index will rise to the targets set at 52900 and 54000.

The analysis will be invalidated if the daily candle breaks and closes below the specified demand zones.