Munafa BEL (target) price & Options chain analysis (Bharat Electronics Limited) Option chain analysis (BEL) 31 Thu October Expiry Which Call CE or PUT PE options to buy or sell in Bharat Electronics Limited BEL
BEL Option Chain Data Analysis for Bharat Electronics Limited BEL option chain
Maximum Call writing has been for strikes: 300 290 310 295
Until yesterday Maximum Call writing has been for strikes: 300 290 310 295
Open Interest of Call writers for the options of Bharat Electronics Limited BEL 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: 280 290 270 300
Until yesterday Maximum Put writing has been for strikes: 290 270 280 300
Open Interest of PUT writers for the options of Bharat Electronics Limited BEL 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 Bharat Electronics Limited BEL at this time.
It appears as if Bharat Electronics Limited BEL gave a large move recently.
Stock of Bharat Electronics Limited (BEL) 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 Bharat Electronics Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Bharat Electronics Limited stays below 279.7, but if it comes above 279.7, then a intra day buy could be more profitable.
If you take a sell trade below 279.7, then use 279.7 as stoploss and 273.1 as target. However if you take a buy trade in Bharat Electronics Limited, then use 279.7 as stoploss and 285.25 as target.
Bharat Electronics Limited BEL Option Chain, OTM CE, ITM PE
Below is full option chain of Bharat Electronics 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.
Bharat Electronics Limited BEL Option Chain, ITM CE, OTM PE
Below is full option chain of Bharat Electronics 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.