Munafa COFORGE (target) price & Options chain analysis (Coforge Limited) Option chain analysis (COFORGE) 28 Tue April 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: 1300 1100 1160 1120
Until yesterday Maximum Call writing has been for strikes: 1300 1240 1260 1100
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: 1100 1200 1180 1160
Until yesterday Maximum Put writing has been for strikes: 1100 1200 1160 1260
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 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 Coforge Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Coforge Limited stays above 1220, but if it comes below 1220, then a intra day sell could be more profitable. If you take a sell trade below 1220, then use 1220 as stoploss and 1155.39 as target. However if you take a buy trade in Coforge Limited, then use 1220 as stoploss and 1297.6 as target.
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.