Munafa SHREECEM (target) price & Options chain analysis (Shree Cements Limited) Option chain analysis (SHREECEM) 28 Tue April 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 24000 23000 24250
Until yesterday Maximum Call writing has been for strikes: 24000 25000 23000 24250
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: 24000 23000 23500 25000
Until yesterday Maximum Put writing has been for strikes: 24000 23000 23500 24250
Open Interest of PUT writers for the options of Shree Cements Limited SHREECEM is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Shree Cements Limited might not be profitable.
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, 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 Shree Cements Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shree Cements Limited stays above 24055, but if it comes below 24055, then a intra day sell could be more profitable. If you take a sell trade below 24055, then use 24055 as stoploss and 23584 as target. However if you take a buy trade in Shree Cements Limited, then use 24055 as stoploss and 24620.3 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.