Munafa JSWSTEEL (target) price & Options chain analysis (JSW Steel Limited) Option chain analysis (JSWSTEEL) 28 Tue April Expiry Which Call CE or PUT PE options to buy or sell in JSW Steel Limited JSWSTEEL
JSWSTEEL Option Chain Data Analysis for JSW Steel Limited JSWSTEEL option chain
Maximum Call writing has been for strikes: 1160 1300 1150 1350
Until yesterday Maximum Call writing has been for strikes: 1160 1150 1180 1200
Open Interest of Call writers for the options of JSW Steel Limited JSWSTEEL is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of JSW Steel 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: 1100 1150 1140 1020
Until yesterday Maximum Put writing has been for strikes: 1100 1150 1140 1200
Open Interest of PUT writers for the options of JSW Steel Limited JSWSTEEL 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 JSW Steel Limited JSWSTEEL at this time.
It appears as if JSW Steel Limited JSWSTEEL gave a large move recently.
Stock of JSW Steel Limited (JSWSTEEL) 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.
Although my analysis for JSW Steel 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 1219.2, for a target of 1184.3 or 1155.12
JSW Steel Limited JSWSTEEL Option Chain, OTM CE, ITM PE
Below is full option chain of JSW Steel 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.
JSW Steel Limited JSWSTEEL Option Chain, ITM CE, OTM PE
Below is full option chain of JSW Steel 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.