SELLING MODE

Markets all over are in Sell mode today morning..Despite huge calls of targets of 5300 + , markets thought it wise to unwind as it found no cues to go HIGHER... Good supports lie at 4900 where there is huge PUTs OI and minor at 5000 zone..5100 calls have seen a big built up in OI last 2 days..indicating traders find this as resistance zone for the time being..( PLS. refer to the last few days posts on OI & market techs.)People in cash can find appropiate levels where markets stabalises to enter for a bounce back ..enjoy the day cheers.