Munafa HINDALCO (target) price & Options chain analysis (Hindalco Industries Limited) Option chain analysis (HINDALCO) 29 Tue September 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: 1100 1060 1080 1040
Until yesterday Maximum Call writing has been for strikes: 1100 1060 1040 1080
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: 1000 960 1040 980
Until yesterday Maximum Put writing has been for strikes: 1000 960 1040 980
Open Interest of PUT writers for the options of Hindalco Industries Limited HINDALCO 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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
Although my analysis for Hindalco Industries Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 1008.8, for a target of 1026.8 or 1041.89
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.