Munafa HINDALCO (target) price & Options chain analysis (Hindalco Industries Limited) Option chain analysis (HINDALCO) 30 Tue December 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: 800 820 840 850
Until yesterday Maximum Call writing has been for strikes: 800 820 840 810
Open Interest of Call writers for the options of Hindalco Industries Limited HINDALCO is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Hindalco Industries 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: 800 780 750 760
Until yesterday Maximum Put writing has been for strikes: 800 780 750 760
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 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 trade for tomorrow is selective. Take a BUY trade only if Hindalco Industries Limited stays above 810.2, but if it comes below 810.2, then a intra day sell could be more profitable. If you take a sell trade below 810.2, then use 810.2 as stoploss and 798.88 as target. However if you take a buy trade in Hindalco Industries Limited, then use 810.2 as stoploss and 823.9 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.