Munafa TECHM (target) price & Options chain analysis (Tech Mahindra Limited) Option chain analysis (TECHM) 24 Thu April 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: 1500 1600 1460 1700
Until yesterday Maximum Call writing has been for strikes: 1500 1600 1460 1480
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: 1400 1300 1420 1200
Until yesterday Maximum Put writing has been for strikes: 1400 1300 1440 1460
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, 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 Tech Mahindra Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 1417.6 as stoploss in an intra day buy trade for a target of 1455.37. However, stock will show a bearish move below 1417.6.
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.