Munafa SHREECEM (target) price & Options chain analysis (Shree Cements Limited) Option chain analysis (SHREECEM) 27 Thu March 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: 28000 29000 30500 30000
Until yesterday Maximum Call writing has been for strikes: 30500 28000 30000 29000
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: 29000 28000 27000 27750
Until yesterday Maximum Put writing has been for strikes: 29000 28000 27000 27500
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, and it has been above this line for quite some time now. This is a good sign, and the stock might move higher!
Although my analysis for Shree Cements Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 30170.2, for a target of 29162.3 or 28322.48
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.