Munafa HINDALCO (target) price & Options chain analysis (Hindalco Industries Limited) Option chain analysis (HINDALCO) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Hindalco Industries Limited HINDALCO
Lot size for HINDALCO INDUSTRIES LTD HINDALCO is 700
HINDALCO Option Chain Data Analysis for Hindalco Industries Limited HINDALCO option chain
Maximum Call writing has been for strikes: 1000 960 950 970
Until yesterday Maximum Call writing has been for strikes: 1000 960 950 970
Open Interest of Call writers for the options of Hindalco Industries Limited HINDALCO 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: 850 800 900 880
Until yesterday Maximum Put writing has been for strikes: 800 850 870 900
Open Interest of PUT writers for the options of Hindalco Industries Limited HINDALCO is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Hindalco Industries Limited might not be profitable.
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 Hindalco Industries Limited HINDALCO at this time.
It appears as if Hindalco Industries Limited HINDALCO gave a large move recently.
Stock of Hindalco Industries Limited (HINDALCO) 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!
My analysis of Hindalco Industries Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 913.5 as stoploss in an intra day sell trade for a target of 881.71. However, stock will show a bullish move above 913.5.
Hindalco Industries Limited HINDALCO Option Chain, OTM CE, ITM PE
Below is full option chain of Hindalco Industries 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.
Hindalco Industries Limited HINDALCO Option Chain, ITM CE, OTM PE
Below is full option chain of Hindalco Industries 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.