Markets made an attempt to scale 6150 levels yesterday and bears pushed it down towards the end to close it near to 6100 levels.
Markets have been hovering around 6100 levels for the past three sessions. The PCR ratio is slightly getting skewed in favour of bears at 0.91. The open interest data saw accumulation in 6200 and 6300 calls as well as in near strike puts of 6200, 6100 and 6000. There was also heavy unwinding seen in 6000 calls of around 10 lakhs.
Overall markets might still sway around 6100 levels for two more sessions before bears take control on the expiry day and push it closer to 6000 levels.
Resistance levels : 6125, 6153
Support levels : 6072, 6055
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