Munafa TECHM (target) price & Options chain analysis (Tech Mahindra Limited) Option chain analysis (TECHM) 24 Tue February 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: 1780 1760 1700 1800
Until yesterday Maximum Call writing has been for strikes: 1780 1760 1800 1700
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: 1620 1500 1540 1600
Until yesterday Maximum Put writing has been for strikes: 1540 1500 1620 1600
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, but trade for tomorrow is selective. Take a sell trade only if Tech Mahindra Limited stays below 1622.4, but if it comes above 1622.4, then a intra day buy could be more profitable.
If you take a sell trade below 1622.4, then use 1622.4 as stoploss and 1553.2 as target. However if you take a buy trade in Tech Mahindra Limited, then use 1622.4 as stoploss and 1680.14 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.