Munafa TECHM (target) price & Options chain analysis (Tech Mahindra Limited) Option chain analysis (TECHM) 30 Tue December 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: 1600 1620 1720 1580
Until yesterday Maximum Call writing has been for strikes: 1600 1720 1580 1620
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: 1560 1600 1500 1580
Until yesterday Maximum Put writing has been for strikes: 1560 1580 1500 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 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 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, 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 Tech Mahindra Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Tech Mahindra Limited stays above 1587.9, but if it comes below 1587.9, then a intra day sell could be more profitable. If you take a sell trade below 1587.9, then use 1587.9 as stoploss and 1553.99 as target. However if you take a buy trade in Tech Mahindra Limited, then use 1587.9 as stoploss and 1628.5 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.