Munafa TORNTPHARM (target) price & Options chain analysis (Torrent Pharmaceuticals Limited) Option chain analysis (TORNTPHARM) 26 Thu June 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: 3300 3400 3500 3350
Until yesterday Maximum Call writing has been for strikes: 3300 3400 3500 3250
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: 3100 3150 3200 2900
Until yesterday Maximum Put writing has been for strikes: 3100 3150 3200 3250
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, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
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 3245.2, but if it comes below 3245.2, then a intra day sell could be more profitable. If you take a sell trade below 3245.2, then use 3245.2 as stoploss and 3194.98 as target. However if you take a buy trade in Torrent Pharmaceuticals Limited, then use 3245.2 as stoploss and 3305.5 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.