Yesterday markets made an attempt to test the immediate range high of 6080 levels and corrected from near that value to close the day on a neutral note.
The PCR ratio at 1.07 is neutral and yesterday there was increase in open interest in all the near strike calls and increase was also seen in 6000 and 6100 puts, with more of unwinding in lower strike puts.
It looks like markets will move down to test further lows for the day before making another bounce in short term. It is still range bound markets hovering in a range of 100-150 points and has not established a strong trend either side.
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