Munafa SHRIRAMFIN (target) price & Options chain analysis (Shriram Finance Limited) Option chain analysis (SHRIRAMFIN) 30 Tue June 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 970 950 940
Until yesterday Maximum Call writing has been for strikes: 1000 950 970 900
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: 900 920 950 930
Until yesterday Maximum Put writing has been for strikes: 900 930 920 950
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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, 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 Shriram Finance Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shriram Finance Limited stays above 948.1, but if it comes below 948.1, then a intra day sell could be more profitable. If you take a sell trade below 948.1, then use 948.1 as stoploss and 926.62 as target. However if you take a buy trade in Shriram Finance Limited, then use 948.1 as stoploss and 973.8 as target.
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.