Munafa COFORGE (target) price & Options chain analysis (Coforge Limited) Option chain analysis (COFORGE) 28 Tue July Expiry Which Call CE or PUT PE options to buy or sell in Coforge Limited COFORGE
COFORGE Option Chain Data Analysis for Coforge Limited COFORGE option chain
Maximum Call writing has been for strikes: 1500 1600 1560 1540
Until yesterday Maximum Call writing has been for strikes: 1500 1600 1560 1540
Open Interest of Call writers for the options of Coforge Limited COFORGE 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: 1400 1460 1440 1500
Until yesterday Maximum Put writing has been for strikes: 1400 1440 1460 1500
Open Interest of PUT writers for the options of Coforge Limited COFORGE 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 Coforge Limited COFORGE at this time.
It appears as if Coforge Limited COFORGE gave a large move recently.
Stock of Coforge Limited (COFORGE) 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 Coforge Limited is bearish for shortterm, and stock might move down till 1444.6 or till 1396.4. Use a stoploss of 1484.76 and if the stock hits stoploss, then it can shoot up till 1524.91
Coforge Limited COFORGE Option Chain, OTM CE, ITM PE
Below is full option chain of Coforge 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.
Coforge Limited COFORGE Option Chain, ITM CE, OTM PE
Below is full option chain of Coforge 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.