Munafa TATAELXSI (target) price & Options chain analysis (Tata Elxsi Limited) Option chain analysis (TATAELXSI) 30 Mon March 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: 5000 4700 5500 5200
Until yesterday Maximum Call writing has been for strikes: 5000 4700 5500 5200
Open Interest of Call writers for the options of Tata Elxsi Limited TATAELXSI 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: 4400 4600 5000 4000
Until yesterday Maximum Put writing has been for strikes: 4600 4000 5000 4700
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of Tata Elxsi Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Tata Elxsi Limited stays below 4507.3, but if it comes above 4507.3, then a intra day buy could be more profitable.
If you take a sell trade below 4507.3, then use 4507.3 as stoploss and 4119.5 as target. However if you take a buy trade in Tata Elxsi Limited, then use 4507.3 as stoploss and 4830.45 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.