Munafa SHRIRAMFIN (target) price & Options chain analysis (Shriram Finance Limited) Option chain analysis (SHRIRAMFIN) 30 Tue December Expiry Which Call CE or PUT PE options to buy or sell in Shriram Finance Limited SHRIRAMFIN
Lot size for SHRIRAM FINANCE LIMITED SHRIRAMFIN is 825
SHRIRAMFIN Option Chain Data Analysis for Shriram Finance Limited SHRIRAMFIN option chain
Maximum Call writing has been for strikes: 1000 980 990 970
Until yesterday Maximum Call writing has been for strikes: 1000 980 990 940
Open Interest of Call writers for the options of Shriram Finance Limited SHRIRAMFIN is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Shriram Finance 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: 900 940 850 800
Until yesterday Maximum Put writing has been for strikes: 900 950 940 920
Open Interest of PUT writers for the options of Shriram Finance Limited SHRIRAMFIN 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 Shriram Finance Limited SHRIRAMFIN at this time.
It appears as if Shriram Finance Limited SHRIRAMFIN gave a large move recently.
Stock of Shriram Finance Limited (SHRIRAMFIN) 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 Shriram Finance 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 972, for a target of 917.4 or 871.84
Shriram Finance Limited SHRIRAMFIN Option Chain, OTM CE, ITM PE
Below is full option chain of Shriram Finance 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.
Shriram Finance Limited SHRIRAMFIN Option Chain, ITM CE, OTM PE
Below is full option chain of Shriram Finance 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.