Munafa BALKRISIND (target) price & Options chain analysis (Balkrishna Industries Limited) Option chain analysis (BALKRISIND) 31 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: 2700 2600 2800 2500
Until yesterday Maximum Call writing has been for strikes: 2700 2600 2800 2500
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: 2400 2500 2600 2560
Until yesterday Maximum Put writing has been for strikes: 2400 2500 2600 2560
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!
My analysis of Balkrishna Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Balkrishna Industries Limited stays above 2623.8, but if it comes below 2623.8, then a intra day sell could be more profitable. If you take a sell trade below 2623.8, then use 2623.8 as stoploss and 2523.15 as target. However if you take a buy trade in Balkrishna Industries Limited, then use 2623.8 as stoploss and 2744.6 as target.
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.