Nikkei slips as autos sag; seen rangebound before earnings

 TOKYO, April 11 (Reuters) - Japan's Nikkei average slipped
on Monday after Citigroup slashed ratings on major automakers to
"sell" and was set to trade in a tight range before earnings
announcements at the end of the month reveal the full impact of
the quake that hit the country on March 11.	
 Buying in post-quake outperformers, such as reconstruction-
and oil- related stocks helped Tokyo stocks offset losses and
stay above its closely-watched 25-day moving average at 9,677.
The average was pierced last Friday for the first time in over a
month.	
 The benchmark index closed down 0.5 percent or 48.38
points at 9,719.70, while the broader Topix shed 0.1
percent to 852.34.	
 Immediate resistance looms at the Nikkei's 200-day moving
average at 9,816, which the market has unsuccessfully tested
twice since the quake.	
	
 (Reporting by Antoni Slodkowski)	
 

Nikkei slips as autos sag; seen rangebound before earnings