Munafa ASTRAL (target) price & Options chain analysis (Astral Poly Technik Limited) Option chain analysis (ASTRAL) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Astral Poly Technik Limited ASTRAL
ASTRAL Option Chain Data Analysis for Astral Poly Technik Limited ASTRAL option chain
Maximum Call writing has been for strikes: 1460 1400 1500 1540
Until yesterday Maximum Call writing has been for strikes: 1460 1500 1540 1480
Open Interest of Call writers for the options of Astral Poly Technik Limited ASTRAL is shifting downwards. This would mean that markets are slowly moving downwards, and buying CALLS and CE might not be profitable.
Maximum Put writing has been for strikes: 1360 1400 1340 1460
Until yesterday Maximum Put writing has been for strikes: 1400 1360 1380 1460
Open Interest of PUT writers for the options of Astral Poly Technik Limited ASTRAL is shifting downwards. This would mean that markets are slowly moving downwards, and buying PUTS and PE might be more profitable. However, above mentioned levels will serve as support so avoid buying PE below those above mentioned levels.
Stock is in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Astral Poly Technik Limited ASTRAL at this time.
It appears as if Astral Poly Technik Limited ASTRAL gave a large move recently.
Stock of Astral Poly Technik Limited (ASTRAL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Astral Poly Technik Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Astral Poly Technik Limited stays below 1392.8, but if it comes above 1392.8, then a intra day buy could be more profitable.
If you take a sell trade below 1392.8, then use 1392.8 as stoploss and 1344.4 as target. However if you take a buy trade in Astral Poly Technik Limited, then use 1392.8 as stoploss and 1433.2 as target.
Below is full option chain of Astral Poly Technik Limited for strikes which are OTM CALLS (CE), and ITM PUTS (PE).
These are CALLS which have only time value in them, no intrinsic value. PUTS however have both time value and intrinsic value in the premium.
Below is full option chain of Astral Poly Technik Limited for strikes which are ITM CALLS (CE), and OTM PUTS (PE).
These are PUTS which have only time value in them, no intrinsic value. CALLS however have both time value and intrinsic value in the premium.