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    Market mood

          
    • Put Writing seen in 4500,4600,4700,4800,4900 Put option Sep Contracts
    • PCR - Put Call Ratio - OI is at 2.1 - Extremely Overbought
    • Highest OI builtup in 4600 PE
    • Call Writing seen in 5000CE
          We might see some short covering in the morning once the market opens.
     
          Nifty might test levels of 4950-4986 and then come down.
     
          Day's important support for Nifty will be at 4903