Munafa DEEPAKNTR (target) price & Options chain analysis (Deepak Nitrite Limited) Option chain analysis (DEEPAKNTR) 25 Thu April Expiry Which Call CE or PUT PE options to buy or sell in Deepak Nitrite Limited DEEPAKNTR
DEEPAKNTR Option Chain Data Analysis for Deepak Nitrite Limited DEEPAKNTR option chain
Maximum Call writing has been for strikes: 2520 2300 2500 2480
Until yesterday Maximum Call writing has been for strikes: 2520 2500 2400 2300
Open Interest of Call writers for the options of Deepak Nitrite Limited DEEPAKNTR is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Deepak Nitrite 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: 2100 2000 2300 2200
Until yesterday Maximum Put writing has been for strikes: 2000 2100 2300 2200
Open Interest of PUT writers for the options of Deepak Nitrite Limited DEEPAKNTR 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 Deepak Nitrite Limited DEEPAKNTR at this time.
It appears as if Deepak Nitrite Limited DEEPAKNTR gave a large move recently.
Stock of Deepak Nitrite Limited (DEEPAKNTR) 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!
Although my analysis for Deepak Nitrite 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 2444.4, for a target of 2340.8 or 2254.5
Deepak Nitrite Limited DEEPAKNTR Option Chain, OTM CE, ITM PE
Below is full option chain of Deepak Nitrite 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.
Deepak Nitrite Limited DEEPAKNTR Option Chain, ITM CE, OTM PE
Below is full option chain of Deepak Nitrite 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.