NIFTY prediction for tomorrow 4th MAR

As we discussed NIFTY's bullish behavior in our last analysis, the Market (NIFTY) moved up 280 points.
If we look at the chart data:
The Market is trading at the resistance trendline zone. Also price >> EMA(200) (TF = 30 min) and EMA(13) >> EMA(200). This indicates that the Market needs some correction or consolidation at this point. Also, the Market is in an uptrend channel, which has formed a Higher High(HH). There is a possibility to form a higher low now.

If we look at OI Data:
PCR = 1.28, which shows the Market has bullish sentiments. There has been a huge PE writing at 22400. But if we look at the combined PCR = 0.99, it shows that the Market is likely to come down for some correction to form a Higher Low.

FII & DII data: FII is medium bearish because the Market is trading at the resistance trendline. Clients are bullish because the Market is trading at ATH.

I am expecting the Market to get some correction, at least till the level of 22200 (Fib 0.38 levels).

Reasons:

1. Price > EMAs show bullish sentiments. (Bullish)
   
2. Price >> EMA(200) and EMA(13) >> EMA(200) market might get some correction till 22200.
   
3. RSI ~ 75 needs some consolidation at this level. (sideways)
   
4. PCR = 1.28 shows bullish signal whereas combined week expiry shows PCR = 0.99 weekness in bulls for upcoming week. (sideways)
   
5. Price <= VWAP shows that the market price is balanced and can go either side. (Indecisive)
   

Verdict:
Sideways or Bullish

Plan of Action:
Case 1: Iron condor in range 22300-22450.
Case 2: Sell 22450 CE (Hedge is with 20 rs CE)