Munafa RELIANCE (target) price & Options chain analysis (Reliance Industries Limited) Option chain analysis (RELIANCE) 24 Tue February 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: 1400 1500 1600 1460
Until yesterday Maximum Call writing has been for strikes: 1400 1500 1600 1450
Open Interest of Call writers for the options of Reliance Industries Limited RELIANCE is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Reliance Industries 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: 1400 1300 1450 1500
Until yesterday Maximum Put writing has been for strikes: 1400 1300 1450 1500
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 1454.3, but if it comes below 1454.3, then a intra day sell could be more profitable. If you take a sell trade below 1454.3, then use 1454.3 as stoploss and 1419.79 as target. However if you take a buy trade in Reliance Industries Limited, then use 1454.3 as stoploss and 1495.8 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.