CONSOLIDATION

Markets will like to spend time to consolidate here or at lower levels to look for the next move. Considerable OI build up came up yesterday in 5100-5200 calls so thats the immediete resistance and shedding took place in 4900-5000 puts so a slip below 5000 is also possible till 4930-50 zone..Be patiant wait for markets to consolidate to commit resources, better still be a day trader for a few days ..enjoy the day cheers.