Nikkei 225 (OSE) Intraday: key resistance at 49810.

Pivot: 49810

Our preference: short positions below 49810 with targets at 49110 & 48770 in extension.

Alternative scenario: above 49810 look for further upside with 50160 & 50360 as targets.

Comment: as long as the resistance at 49810 is not surpassed, the risk of the break below 49110 remains high.

Supports and resistances:

50360

50160

49810

49490 Last

49110

48770

48500