Munafa TORNTPHARM (target) price & Options chain analysis (Torrent Pharmaceuticals Limited) Option chain analysis (TORNTPHARM) 25 Thu April 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 500
TORNTPHARM Option Chain Data Analysis for Torrent Pharmaceuticals Limited TORNTPHARM option chain
Maximum Call writing has been for strikes: 2800 2700 2660 2500
Until yesterday Maximum Call writing has been for strikes: 2800 2700 2600 2580
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: 2400 2500 2460 2600
Until yesterday Maximum Put writing has been for strikes: 2400 2500 2600 2460
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.
Although my analysis for Torrent Pharmaceuticals Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2705.9, for a target of 2644.8 or 2593.83
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.