settlement pressures?

Markets for the past two days are against to my view. I expected long side swing but the settlement correction is stronger and today also same.
On previous day markets corrected over 100 points and nifty closed at 3362 - 108 points. Puts windup and calls particularly 3300 level writing shows markets may close below 3300 level today and for the settlement. If any thing happens intra day market may close at least below 3350.

FII data in futures and cash market negative. Global cues are negative. Indicators stochastic and RSI both are turned to down side. SGX nifty is +25 at this time.

Nifty levels 3300-3280.