Munafa TECHM (target) price & Options chain analysis (Tech Mahindra Limited) Option chain analysis (TECHM) 30 Thu May Expiry Which Call CE or PUT PE options to buy or sell in Tech Mahindra Limited TECHM
TECHM Option Chain Data Analysis for Tech Mahindra Limited TECHM option chain
Maximum Call writing has been for strikes: 1400 1300 1360 1350
Until yesterday Maximum Call writing has been for strikes: 1300 1200 1250 1400
Open Interest of Call writers for the options of Tech Mahindra Limited TECHM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Tech Mahindra 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: 1200 1300 1100 1280
Until yesterday Maximum Put writing has been for strikes: 1200 1100 1300 1150
Open Interest of PUT writers for the options of Tech Mahindra Limited TECHM is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Tech Mahindra Limited might not be profitable.
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 Tech Mahindra Limited TECHM at this time.
It appears as if Tech Mahindra Limited TECHM gave a large move recently.
Stock of Tech Mahindra Limited (TECHM) 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 Tech Mahindra Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Tech Mahindra Limited stays above 1265.1, but if it comes below 1265.1, then a intra day sell could be more profitable. If you take a sell trade below 1265.1, then use 1265.1 as stoploss and 1232.85 as target. However if you take a buy trade in Tech Mahindra Limited, then use 1265.1 as stoploss and 1303.7 as target.
Tech Mahindra Limited TECHM Option Chain, OTM CE, ITM PE
Below is full option chain of Tech Mahindra 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.
Tech Mahindra Limited TECHM Option Chain, ITM CE, OTM PE
Below is full option chain of Tech Mahindra 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.