Munafa NATIONALUM (target) price & Options chain analysis (National Aluminium Company Limited) Option chain analysis (NATIONALUM) 28 Tue April Expiry
Munafa NATIONALUM (target) price & Options chain analysis (National Aluminium Company Limited) Option chain analysis (NATIONALUM) 28 Tue April Expiry Which Call CE or PUT PE options to buy or sell in National Aluminium Company Limited NATIONALUM
Lot size for NATIONAL ALUMINIUM CO LTD NATIONALUM is 3750
NATIONALUM Option Chain Data Analysis for National Aluminium Company Limited NATIONALUM option chain
Maximum Call writing has been for strikes: 400 450 410 440
Until yesterday Maximum Call writing has been for strikes: 400 450 440 380
Open Interest of Call writers for the options of National Aluminium Company Limited NATIONALUM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of National Aluminium Company 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: 360 370 380 350
Until yesterday Maximum Put writing has been for strikes: 360 370 350 380
Open Interest of PUT writers for the options of National Aluminium Company Limited NATIONALUM 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.
NATIONALUM Option Chain Price Analysis for National Aluminium Company Limited NATIONALUM option chain
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 National Aluminium Company Limited NATIONALUM at this time.
It appears as if National Aluminium Company Limited NATIONALUM gave a large move recently.
Stock of National Aluminium Company Limited (NATIONALUM) 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 National Aluminium Company Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if National Aluminium Company Limited stays above 399, but if it comes below 399, then a intra day sell could be more profitable. If you take a sell trade below 399, then use 399 as stoploss and 383.37 as target. However if you take a buy trade in National Aluminium Company Limited, then use 399 as stoploss and 417.7 as target.
National Aluminium Company Limited NATIONALUM Option Chain, OTM CE, ITM PE
Below is full option chain of National Aluminium Company 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.
National Aluminium Company Limited NATIONALUM Option Chain, ITM CE, OTM PE
Below is full option chain of National Aluminium Company 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.