Munafa MNM (target) price & Options chain analysis (Mahindra & Mahindra Limited) Option chain analysis (MNM) 28 Tue April 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: 3250 3100 3300 3200
Until yesterday Maximum Call writing has been for strikes: 3200 3100 3300 3250
Open Interest of Call writers for the options of Mahindra & Mahindra Limited MNM 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: 3000 3100 2900 2800
Until yesterday Maximum Put writing has been for strikes: 3000 3100 2900 2800
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 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 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 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 Mahindra & Mahindra Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Mahindra & Mahindra Limited stays above 3168.8, but if it comes below 3168.8, then a intra day sell could be more profitable. If you take a sell trade below 3168.8, then use 3168.8 as stoploss and 3074.65 as target. However if you take a buy trade in Mahindra & Mahindra Limited, then use 3168.8 as stoploss and 3281.8 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.