Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 28 Tue April Expiry
Munafa CUMMINSIND (target) price & Options chain analysis (Cummins India Limited) Option chain analysis (CUMMINSIND) 28 Tue April 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: 5000 5100 5200 5500
Until yesterday Maximum Call writing has been for strikes: 5200 5100 5000 5500
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: 4700 4500 4550 4850
Until yesterday Maximum Put writing has been for strikes: 4700 4500 4550 4850
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 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 5042, for a target of 4851.7 or 4693.12
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.