Munafa BHARATFORG (target) price & Options chain analysis (Bharat Forge Limited) Option chain analysis (BHARATFORG) 25 Tue November 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: 1400 1420 1480 1440
Until yesterday Maximum Call writing has been for strikes: 1400 1300 1420 1480
Open Interest of Call writers for the options of Bharat Forge Limited BHARATFORG is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Bharat Forge Limited might be more profitable. However, avoid buying CE of strikes higher than ones listed above, as these will serve as resistance
Maximum Put writing has been for strikes: 1300 1340 1320 1400
Until yesterday Maximum Put writing has been for strikes: 1300 1340 1320 1360
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 1357.3, but if it comes below 1357.3, then a intra day sell could be more profitable. If you take a sell trade below 1357.3, then use 1357.3 as stoploss and 1309.95 as target. However if you take a buy trade in Bharat Forge Limited, then use 1357.3 as stoploss and 1414.2 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.