Munafa SHREECEM (target) price & Options chain analysis (Shree Cements Limited) Option chain analysis (SHREECEM) 30 Mon 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: 27000 28000 27250 26250
Until yesterday Maximum Call writing has been for strikes: 27000 28000 27250 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: 26000 25000 27000 24500
Until yesterday Maximum Put writing has been for strikes: 26000 25000 27000 26500
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Shree Cements Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Shree Cements Limited stays below 26242.8, but if it comes above 26242.8, then a intra day buy could be more profitable.
If you take a sell trade below 26242.8, then use 26242.8 as stoploss and 25766.1 as target. However if you take a buy trade in Shree Cements Limited, then use 26242.8 as stoploss and 26640 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.