Munafa INDUSTOWER (target) price & Options chain analysis (Indus Towers Limited) Option chain analysis (INDUSTOWER) 24 Tue February Expiry Which Call CE or PUT PE options to buy or sell in Indus Towers Limited INDUSTOWER
Lot size for INDUS TOWERS LIMITED INDUSTOWER is 1700
INDUSTOWER Option Chain Data Analysis for Indus Towers Limited INDUSTOWER option chain
Maximum Call writing has been for strikes: 500 460 450 470
Until yesterday Maximum Call writing has been for strikes: 450 500 460 470
Open Interest of Call writers for the options of Indus Towers Limited INDUSTOWER 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: 440 430 450 400
Until yesterday Maximum Put writing has been for strikes: 440 430 450 400
Open Interest of PUT writers for the options of Indus Towers Limited INDUSTOWER 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 Indus Towers Limited INDUSTOWER at this time.
It appears as if Indus Towers Limited INDUSTOWER gave a large move recently.
Stock of Indus Towers Limited (INDUSTOWER) 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 Indus Towers 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 461.9, for a target of 446.2 or 433.18
Indus Towers Limited INDUSTOWER Option Chain, OTM CE, ITM PE
Below is full option chain of Indus Towers 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.
Indus Towers Limited INDUSTOWER Option Chain, ITM CE, OTM PE
Below is full option chain of Indus Towers 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.