Munafa SHREECEM (target) price & Options chain analysis (Shree Cements Limited) Option chain analysis (SHREECEM) 23 Mon November Expiry Which Call CE or PUT PE options to buy or sell in Shree Cements Limited SHREECEM
SHREECEM Option Chain Data Analysis for Shree Cements Limited SHREECEM option chain
Maximum Call writing has been for strikes: 25000 28000 22500 24000
Until yesterday Maximum Call writing has been for strikes: 25000 22500 24000 28000
Open Interest of Call writers for the options of Shree Cements Limited SHREECEM 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: 25000 22000 23000 24000
Until yesterday Maximum Put writing has been for strikes: 25000 22000 23000 24000
Open Interest of PUT writers for the options of Shree Cements Limited SHREECEM 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 Shree Cements Limited SHREECEM at this time.
It appears as if Shree Cements Limited SHREECEM gave a large move recently.
Stock of Shree Cements Limited (SHREECEM) 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 Shree Cements Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shree Cements Limited stays above 24235.6, but if it comes below 24235.6, then a intra day sell could be more profitable. If you take a sell trade below 24235.6, then use 24235.6 as stoploss and 23205 as target. However if you take a buy trade in Shree Cements Limited, then use 24235.6 as stoploss and 25472.4 as target.
Shree Cements Limited SHREECEM Option Chain, OTM CE, ITM PE
Below is full option chain of Shree Cements 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.
Shree Cements Limited SHREECEM Option Chain, ITM CE, OTM PE
Below is full option chain of Shree Cements 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.