Munafa BALKRISIND (target) price & Options chain analysis (Balkrishna Industries Limited) Option chain analysis (BALKRISIND) 26 Thu September Expiry Which Call CE or PUT PE options to buy or sell in Balkrishna Industries Limited BALKRISIND
Lot size for BALKRISHNA IND. LTD BALKRISIND is 300
BALKRISIND Option Chain Data Analysis for Balkrishna Industries Limited BALKRISIND option chain
Maximum Call writing has been for strikes: 3000 2900 3350 3100
Until yesterday Maximum Call writing has been for strikes: 3000 2900 3200 3350
Open Interest of Call writers for the options of Balkrishna Industries Limited BALKRISIND 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: 2800 2900 3000 2700
Until yesterday Maximum Put writing has been for strikes: 2800 2900 3000 2700
Open Interest of PUT writers for the options of Balkrishna Industries Limited BALKRISIND 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 Balkrishna Industries Limited BALKRISIND at this time.
It appears as if Balkrishna Industries Limited BALKRISIND gave a large move recently.
Stock of Balkrishna Industries Limited (BALKRISIND) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
Although my analysis for Balkrishna Industries Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2988.9, for a target of 2925.6 or 2872.83
Balkrishna Industries Limited BALKRISIND Option Chain, OTM CE, ITM PE
Below is full option chain of Balkrishna Industries 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.
Balkrishna Industries Limited BALKRISIND Option Chain, ITM CE, OTM PE
Below is full option chain of Balkrishna Industries 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.