Munafa JSL (target) price & Options chain analysis (Jindal Stainless Limited) Option chain analysis (JSL) 26 Thu December Expiry Which Call CE or PUT PE options to buy or sell in Jindal Stainless Limited JSL
JSL Option Chain Data Analysis for Jindal Stainless Limited JSL option chain
Maximum Call writing has been for strikes: 720 750 700 800
Until yesterday Maximum Call writing has been for strikes: 720 700 680 690
Open Interest of Call writers for the options of Jindal Stainless Limited JSL is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Jindal Stainless 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: 700 680 650 600
Until yesterday Maximum Put writing has been for strikes: 600 680 700 670
Open Interest of PUT writers for the options of Jindal Stainless Limited JSL 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 Jindal Stainless Limited JSL at this time.
It appears as if Jindal Stainless Limited JSL gave a large move recently.
Stock of Jindal Stainless Limited (JSL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Jindal Stainless Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Jindal Stainless Limited stays above 708.4, but if it comes below 708.4, then a intra day sell could be more profitable. If you take a sell trade below 708.4, then use 708.4 as stoploss and 692.48 as target. However if you take a buy trade in Jindal Stainless Limited, then use 708.4 as stoploss and 727.6 as target.
Jindal Stainless Limited JSL Option Chain, OTM CE, ITM PE
Below is full option chain of Jindal Stainless 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.
Jindal Stainless Limited JSL Option Chain, ITM CE, OTM PE
Below is full option chain of Jindal Stainless 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.