Munafa MNM (target) price & Options chain analysis (Mahindra & Mahindra Limited) Option chain analysis (MNM) 24 Tue February Expiry Which Call CE or PUT PE options to buy or sell in Mahindra & Mahindra Limited MNM
MNM Option Chain Data Analysis for Mahindra & Mahindra Limited MNM option chain
Maximum Call writing has been for strikes: 3500 3650 3600 3700
Until yesterday Maximum Call writing has been for strikes: 3500 3600 3400 3700
Open Interest of Call writers for the options of Mahindra & Mahindra Limited MNM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Mahindra & Mahindra 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: 3400 3500 3200 3350
Until yesterday Maximum Put writing has been for strikes: 3400 3500 3200 3350
Open Interest of PUT writers for the options of Mahindra & Mahindra Limited MNM 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 Mahindra & Mahindra Limited MNM at this time.
It appears as if Mahindra & Mahindra Limited MNM gave a large move recently.
Stock of Mahindra & Mahindra Limited (MNM) 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 Mahindra & Mahindra Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Mahindra & Mahindra Limited stays below 3494.4, but if it comes above 3494.4, then a intra day buy could be more profitable.
If you take a sell trade below 3494.4, then use 3494.4 as stoploss and 3338.7 as target. However if you take a buy trade in Mahindra & Mahindra Limited, then use 3494.4 as stoploss and 3624.24 as target.
Below is full option chain of Mahindra & Mahindra 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.
Below is full option chain of Mahindra & Mahindra 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.