Munafa BHARATFORG (target) price & Options chain analysis (Bharat Forge Limited) Option chain analysis (BHARATFORG) 25 Thu April Expiry Which Call CE or PUT PE options to buy or sell in Bharat Forge Limited BHARATFORG
BHARATFORG Option Chain Data Analysis for Bharat Forge Limited BHARATFORG option chain
Maximum Call writing has been for strikes: 1200 1250 1300 1220
Until yesterday Maximum Call writing has been for strikes: 1200 1250 1300 1220
Open Interest of Call writers for the options of Bharat Forge Limited BHARATFORG 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: 1100 1200 1150 1170
Until yesterday Maximum Put writing has been for strikes: 1100 1200 1150 1000
Open Interest of PUT writers for the options of Bharat Forge Limited BHARATFORG is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Bharat Forge Limited might not be profitable.
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 Bharat Forge Limited BHARATFORG at this time.
It appears as if Bharat Forge Limited BHARATFORG gave a large move recently.
Stock of Bharat Forge Limited (BHARATFORG) 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 Bharat Forge Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bharat Forge Limited stays above 1170.6, but if it comes below 1170.6, then a intra day sell could be more profitable. If you take a sell trade below 1170.6, then use 1170.6 as stoploss and 1143.53 as target. However if you take a buy trade in Bharat Forge Limited, then use 1170.6 as stoploss and 1203 as target.
Bharat Forge Limited BHARATFORG Option Chain, OTM CE, ITM PE
Below is full option chain of Bharat Forge 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 Forge Limited BHARATFORG Option Chain, ITM CE, OTM PE
Below is full option chain of Bharat Forge 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.