Market expectations for today

Based solely on oi data of options. It looks like that Nifty will up but stay range bound between 22600-22700. On 25 Feb short covering happened at 22300 strike and fresh positions opened at 22600 which indicates that sellers are creating fresh support. Also 22800 strike had short covering and fresh positions opened at 22700 strike. Looking at Futures data looks like institutions were short on Nifty and we can expect some short covering today. So both Futures and options oi suggest slightly bullish view for tomorrow. If pullback takes places, IV can spike up which can create good opportunities for option writers.