Not so bullish?

Markets on previous day opened +ve as predicted and closed nifty at 4360. FII data -ve in cash stocks, -ve in stocks futures, +ve in index futures. Dow -, Nikkei -, Crude may rise today. As per option writing 4300puts +14 lacks 4200 +7 lacks calls 4300 +4.6, 4400 calls +3.1 lacks 4500 calls +4.7 lacks. Nifty may not go up beyond 4430- 4480 as Global cues develop -ve. One may wait and watch for small reduction in put open interest and buy them at the first sign of the steam in bullls is over. If markets breaks 4330-4300 buy nifty put 4200 immediately and enjoy the fall upto nifty3800.