Munafa TORNTPHARM (target) price & Options chain analysis (Torrent Pharmaceuticals Limited) Option chain analysis (TORNTPHARM) 26 Tue May 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: 4500 4600 4700 4800
Until yesterday Maximum Call writing has been for strikes: 4500 4600 4550 4400
Open Interest of Call writers for the options of Torrent Pharmaceuticals Limited TORNTPHARM is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Torrent Pharmaceuticals 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: 4300 4400 4200 4250
Until yesterday Maximum Put writing has been for strikes: 4300 4100 4200 4400
Open Interest of PUT writers for the options of Torrent Pharmaceuticals Limited TORNTPHARM is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Torrent Pharmaceuticals Limited might not be profitable.
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 trade for tomorrow is selective. Take a BUY trade only if Torrent Pharmaceuticals Limited stays above 4436.6, but if it comes below 4436.6, then a intra day sell could be more profitable. If you take a sell trade below 4436.6, then use 4436.6 as stoploss and 4323.45 as target. However if you take a buy trade in Torrent Pharmaceuticals Limited, then use 4436.6 as stoploss and 4572.4 as target.
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.