GLOBAL SELL OUT

Markets just about performed on the global cues..Gapping down and then Selling off every rise to close at the lowest point or near the lows of last week..( Break of last weeks gap up pole ,, warned of weak trading day ahead..)This is global shakeout from overbought positions..4400 is the key level to watch now , below this we can drop to or below 4300..cross can take us to 4480-4500 zone..trade accordingly....cheers