Munafa RELIANCE (target) price & Options chain analysis (Reliance Industries Limited) Option chain analysis (RELIANCE) 27 Thu March Expiry Which Call CE or PUT PE options to buy or sell in Reliance Industries Limited RELIANCE
Lot size for RELIANCE INDUSTRIES LTD RELIANCE is 500
RELIANCE Option Chain Data Analysis for Reliance Industries Limited RELIANCE option chain
Maximum Call writing has been for strikes: 1270 1300 1440 1310
Until yesterday Maximum Call writing has been for strikes: 1300 1270 1440 1320
Open Interest of Call writers for the options of Reliance Industries Limited RELIANCE 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: 1270 1200 1260 1220
Until yesterday Maximum Put writing has been for strikes: 1260 1200 1270 1220
Open Interest of PUT writers for the options of Reliance Industries Limited RELIANCE 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 Reliance Industries Limited RELIANCE at this time.
It appears as if Reliance Industries Limited RELIANCE gave a large move recently.
Stock of Reliance Industries Limited (RELIANCE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
My analysis of Reliance Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Reliance Industries Limited stays above 1277.3, but if it comes below 1277.3, then a intra day sell could be more profitable. If you take a sell trade below 1277.3, then use 1277.3 as stoploss and 1238.76 as target. However if you take a buy trade in Reliance Industries Limited, then use 1277.3 as stoploss and 1323.6 as target.
Reliance Industries Limited RELIANCE Option Chain, OTM CE, ITM PE
Below is full option chain of Reliance Industries 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.
Reliance Industries Limited RELIANCE Option Chain, ITM CE, OTM PE
Below is full option chain of Reliance Industries 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.