Munafa BALKRISIND (target) price & Options chain analysis (Balkrishna Industries Limited) Option chain analysis (BALKRISIND) 25 Thu July 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: 3300 3200 3500 3400
Until yesterday Maximum Call writing has been for strikes: 3300 3200 3500 3400
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: 3200 3100 3000 2900
Until yesterday Maximum Put writing has been for strikes: 3200 3100 3000 2900
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 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 Balkrishna Industries Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3107.2 as stoploss in an intra day buy trade for a target of 3197.14. However, stock will show a bearish move below 3107.2.
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.