Munafa SHREECEM (target) price & Options chain analysis (Shree Cements Limited) Option chain analysis (SHREECEM) 28 Tue July 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: 26000 27000 24000 28000
Until yesterday Maximum Call writing has been for strikes: 26000 27000 26250 24000
Open Interest of Call writers for the options of Shree Cements Limited SHREECEM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Shree Cements 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: 26000 25000 24000 25500
Until yesterday Maximum Put writing has been for strikes: 26000 25500 24000 25000
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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 26226.4 as stoploss in an intra day sell trade for a target of 25363. However, stock will show a bullish move above 26226.4.
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.