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: 3700 3800 3600 3650
Until yesterday Maximum Call writing has been for strikes: 3700 3800 3650 3600
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: 3500 3700 3300 3400
Until yesterday Maximum Put writing has been for strikes: 3500 3700 3300 3600
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 below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Mahindra & Mahindra Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3428.5 as stoploss in an intra day buy trade for a target of 3516.46. However, stock will show a bearish move below 3428.5.
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.