Mixed signals : Call build up inconsistent with global cues

The signal that we got from put call out look yesterday is not consistent with the global cues. Perhaps it would be better to not trade today. I will wait and keep an eye on the changes in open interest of options and then decide after half an hour of the market. But definitely won't be aiming for a high profit. If at all i trade today, low stop loss and low profit will be the key. Perhaps trading in the cash market will be best instead of options. Also, it would be riskier to go long. Will post if i trade.

Aug 13, 2008

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