Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 29 Thu May Expiry
Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 29 Thu May 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: 3300 3000 2900 3500
Until yesterday Maximum Call writing has been for strikes: 3300 3000 2900 2800
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: 2900 2800 3000 2950
Until yesterday Maximum Put writing has been for strikes: 2900 2800 2950 2700
Open Interest of PUT writers for the options of Cummins India Limited CUMMINSIND is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Cummins India Limited might not be profitable.
CUMMINSIND Option Chain Price Analysis for Cummins India Limited CUMMINSIND option chain
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 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 above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
Although my analysis for Cummins India Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 3034, for a target of 2954.1 or 2887.5
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.
