Munafa TECHM (target) price & Options chain analysis (Tech Mahindra Limited) Option chain analysis (TECHM) 26 Tue 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: 1460 1500 1400 1480
Until yesterday Maximum Call writing has been for strikes: 1460 1500 1480 1520
Open Interest of Call writers for the options of Tech Mahindra Limited TECHM 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: 1380 1360 1340 1400
Until yesterday Maximum Put writing has been for strikes: 1380 1360 1340 1400
Open Interest of PUT writers for the options of Tech Mahindra Limited TECHM 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 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 below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Tech Mahindra Limited is bearish for shortterm, and stock might move down till 1385.8 or till 1337.8. Use a stoploss of 1425.76 and if the stock hits stoploss, then it can shoot up till 1465.74
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.