Munafa BHARATFORG (target) price & Options chain analysis (Bharat Forge Limited) Option chain analysis (BHARATFORG) 28 Tue 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: 1800 2120 1780 2000
Until yesterday Maximum Call writing has been for strikes: 1800 2120 1780 2000
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: 1600 1700 1800 1500
Until yesterday Maximum Put writing has been for strikes: 1700 1600 1800 1500
Open Interest of PUT writers for the options of Bharat Forge Limited BHARATFORG 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 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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
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 1770.7, but if it comes below 1770.7, then a intra day sell could be more profitable. If you take a sell trade below 1770.7, then use 1770.7 as stoploss and 1719.67 as target. However if you take a buy trade in Bharat Forge Limited, then use 1770.7 as stoploss and 1831.9 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.