Munafa BPCL (target) price & Options chain analysis (Bharat Petroleum Corporation Limited) Option chain analysis (BPCL) 30 Tue December Expiry Which Call CE or PUT PE options to buy or sell in Bharat Petroleum Corporation Limited BPCL
Lot size for BHARAT PETROLEUM CORP LT BPCL is 1975
BPCL Option Chain Data Analysis for Bharat Petroleum Corporation Limited BPCL option chain
Maximum Call writing has been for strikes: 370 380 385 365
Until yesterday Maximum Call writing has been for strikes: 370 380 375 365
Open Interest of Call writers for the options of Bharat Petroleum Corporation Limited BPCL is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Bharat Petroleum Corporation 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: 320 350 370 340
Until yesterday Maximum Put writing has been for strikes: 320 370 350 340
Open Interest of PUT writers for the options of Bharat Petroleum Corporation Limited BPCL 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 Petroleum Corporation Limited BPCL at this time.
It appears as if Bharat Petroleum Corporation Limited BPCL gave a large move recently.
Stock of Bharat Petroleum Corporation Limited (BPCL) 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 Petroleum Corporation Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Bharat Petroleum Corporation Limited stays above 365.7, but if it comes below 365.7, then a intra day sell could be more profitable. If you take a sell trade below 365.7, then use 365.7 as stoploss and 360.57 as target. However if you take a buy trade in Bharat Petroleum Corporation Limited, then use 365.7 as stoploss and 372 as target.
Below is full option chain of Bharat Petroleum Corporation 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.
Below is full option chain of Bharat Petroleum Corporation 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.