Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 27 Tue January Expiry
Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Cummins India Limited CUMMINSIND
CUMMINSIND Option Chain Data Analysis for Cummins India Limited CUMMINSIND option chain
Maximum Call writing has been for strikes: 4500 4200 4300 4600
Until yesterday Maximum Call writing has been for strikes: 4500 4300 4200 4400
Open Interest of Call writers for the options of Cummins India Limited CUMMINSIND is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Cummins India 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: 4200 3900 3700 4000
Until yesterday Maximum Put writing has been for strikes: 4200 3900 3700 4000
Open Interest of PUT writers for the options of Cummins India Limited CUMMINSIND 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.
CUMMINSIND Option Chain Price Analysis for Cummins India Limited CUMMINSIND option chain
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 Cummins India Limited CUMMINSIND at this time.
It appears as if Cummins India Limited CUMMINSIND gave a large move recently.
Stock of Cummins India Limited (CUMMINSIND) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Cummins India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Cummins India Limited stays below 4097.7, but if it comes above 4097.7, then a intra day buy could be more profitable.
If you take a sell trade below 4097.7, then use 4097.7 as stoploss and 3877.1 as target. However if you take a buy trade in Cummins India Limited, then use 4097.7 as stoploss and 4281.42 as target.
Cummins India Limited CUMMINSIND Option Chain, OTM CE, ITM PE
Below is full option chain of Cummins India 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.
Cummins India Limited CUMMINSIND Option Chain, ITM CE, OTM PE
Below is full option chain of Cummins India 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.