Where is likely close for February NIFTY?

There are only now 7 trading days left for February 2009 expiry. With no positive news from interim Budget market is back to square one as it was in the beginning of February 2009! So what is now for february 2009 expiry? The call & Put option at 2900 is totalling about 150 Rs. which shows between 2750 & 3050 the Market stretches and 7 trading left ! As we are aware in the second half of a month the time decay is very straight down it would be interesting to observe the February 2009 option expiry. Gun shot if it closes around 2800 then its another month back to square one like Jan 2009 Month. Global cues are neither positive and its giving signals of weakness day by day.

JK