Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 28 Tue July Expiry
Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 28 Tue July 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: 6000 5800 5700 5600
Until yesterday Maximum Call writing has been for strikes: 6000 5800 5700 6200
Open Interest of Call writers for the options of Cummins India Limited CUMMINSIND 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: 5200 5500 5400 5100
Until yesterday Maximum Put writing has been for strikes: 5200 5500 5300 5000
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 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 5529.7, but if it comes above 5529.7, then a intra day buy could be more profitable.
If you take a sell trade below 5529.7, then use 5529.7 as stoploss and 5386.2 as target. However if you take a buy trade in Cummins India Limited, then use 5529.7 as stoploss and 5649.38 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.