Munafa CIPLA (target) price & Options chain analysis (Cipla Limited) Option chain analysis (CIPLA) 30 Tue December Expiry Which Call CE or PUT PE options to buy or sell in Cipla Limited CIPLA
CIPLA Option Chain Data Analysis for Cipla Limited CIPLA option chain
Maximum Call writing has been for strikes: 1660 1600 1540 1560
Until yesterday Maximum Call writing has been for strikes: 1660 1600 1540 1520
Open Interest of Call writers for the options of Cipla Limited CIPLA is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Cipla 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: 1400 1410 1380 1430
Until yesterday Maximum Put writing has been for strikes: 1400 1410 1380 1550
Open Interest of PUT writers for the options of Cipla Limited CIPLA 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 Cipla Limited CIPLA at this time.
It appears as if Cipla Limited CIPLA gave a large move recently.
Stock of Cipla Limited (CIPLA) 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 Cipla Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cipla Limited stays below 1496, but if it comes above 1496, then a intra day buy could be more profitable.
If you take a sell trade below 1496, then use 1496 as stoploss and 1483.5 as target. However if you take a buy trade in Cipla Limited, then use 1496 as stoploss and 1506.44 as target.
Cipla Limited CIPLA Option Chain, OTM CE, ITM PE
Below is full option chain of Cipla 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 Cipla 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.