Munafa TORNTPHARM (target) price & Options chain analysis (Torrent Pharmaceuticals Limited) Option chain analysis (TORNTPHARM) 30 Tue December 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: 3800 3900 4000 4100
Until yesterday Maximum Call writing has been for strikes: 3900 3800 3950 4000
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: 3500 3800 3600 3700
Until yesterday Maximum Put writing has been for strikes: 3500 3600 3700 3750
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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT 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 stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 3816.3 as stoploss in an intra day sell trade for a target of 3755.36. However, stock will show a bullish move above 3816.3.
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.