Munafa TATAELXSI (target) price & Options chain analysis (Tata Elxsi Limited) Option chain analysis (TATAELXSI) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Tata Elxsi Limited TATAELXSI
TATAELXSI Option Chain Data Analysis for Tata Elxsi Limited TATAELXSI option chain
Maximum Call writing has been for strikes: 6000 5800 6200 5900
Until yesterday Maximum Call writing has been for strikes: 6000 5800 6200 5700
Open Interest of Call writers for the options of Tata Elxsi Limited TATAELXSI is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Tata Elxsi 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: 5500 5700 5300 5000
Until yesterday Maximum Put writing has been for strikes: 5300 5500 5600 5200
Open Interest of PUT writers for the options of Tata Elxsi Limited TATAELXSI 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 Tata Elxsi Limited TATAELXSI at this time.
It appears as if Tata Elxsi Limited TATAELXSI gave a large move recently.
Stock of Tata Elxsi Limited (TATAELXSI) 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 Tata Elxsi Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Tata Elxsi Limited stays above 5638.7, but if it comes below 5638.7, then a intra day sell could be more profitable. If you take a sell trade below 5638.7, then use 5638.7 as stoploss and 5388.5 as target. However if you take a buy trade in Tata Elxsi Limited, then use 5638.7 as stoploss and 5938.9 as target.
Tata Elxsi Limited TATAELXSI Option Chain, OTM CE, ITM PE
Below is full option chain of Tata Elxsi 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.
Tata Elxsi Limited TATAELXSI Option Chain, ITM CE, OTM PE
Below is full option chain of Tata Elxsi 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.