Munafa TORNTPHARM (target) price & Options chain analysis (Torrent Pharmaceuticals Limited) Option chain analysis (TORNTPHARM) 28 Tue July Expiry Which Call CE or PUT PE options to buy or sell in Torrent Pharmaceuticals Limited TORNTPHARM
Lot size for TORRENT PHARMACEUTICALS L TORNTPHARM is 250
TORNTPHARM Option Chain Data Analysis for Torrent Pharmaceuticals Limited TORNTPHARM option chain
Maximum Call writing has been for strikes: 5000 5100 5050 4900
Until yesterday Maximum Call writing has been for strikes: 5100 5000 4900 5050
Open Interest of Call writers for the options of Torrent Pharmaceuticals Limited TORNTPHARM 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: 4900 4950 4800 4500
Until yesterday Maximum Put writing has been for strikes: 4900 4950 5000 4800
Open Interest of PUT writers for the options of Torrent Pharmaceuticals Limited TORNTPHARM 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 Torrent Pharmaceuticals Limited TORNTPHARM at this time.
It appears as if Torrent Pharmaceuticals Limited TORNTPHARM gave a large move recently.
Stock of Torrent Pharmaceuticals Limited (TORNTPHARM) 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 Torrent Pharmaceuticals Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 5016.6 as stoploss in an intra day sell trade for a target of 4874.65. However, stock will show a bullish move above 5016.6.
Torrent Pharmaceuticals Limited TORNTPHARM Option Chain, OTM CE, ITM PE
Below is full option chain of Torrent Pharmaceuticals 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.
Torrent Pharmaceuticals Limited TORNTPHARM Option Chain, ITM CE, OTM PE
Below is full option chain of Torrent Pharmaceuticals 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.