Munafa HINDALCO (target) price & Options chain analysis (Hindalco Industries Limited) Option chain analysis (HINDALCO) 30 Tue June 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: 1110 1000 1030 1100
Until yesterday Maximum Call writing has been for strikes: 1110 1030 1100 1000
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: 1030 1040 1050 1000
Until yesterday Maximum Put writing has been for strikes: 1030 980 1000 1040
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 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, 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 Hindalco Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Hindalco Industries Limited stays below 987.4, but if it comes above 987.4, then a intra day buy could be more profitable.
If you take a sell trade below 987.4, then use 987.4 as stoploss and 915.2 as target. However if you take a buy trade in Hindalco Industries Limited, then use 987.4 as stoploss and 1047.46 as target.
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.