Munafa MNM (target) price & Options chain analysis (Mahindra & Mahindra Limited) Option chain analysis (MNM) 26 Tue May 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: 3100 3200 3400 3300
Until yesterday Maximum Call writing has been for strikes: 3100 3200 3400 3300
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: 3100 3000 3200 2900
Until yesterday Maximum Put writing has been for strikes: 3100 3200 3000 3300
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, and stock might move down till 3075.3 or till 2973.2. Use a stoploss of 3160.39 and if the stock hits stoploss, then it can shoot up till 3245.49
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.