Nifty yesterday opened gap down but with some bullish momentum and maintained it till mid session. But later on weakness seen.There was new low but 5946 is not tested. Yesterday's close was with 7th red candle.Nifty is oversold bounce is expected.Today if closed above 6070 then there might be rally for another 1/2 days. At least PAUSE for downtrend is expected today.Let's see. Keep watch on OI of 6000 PE and 6100 CE.
