Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 27 Tue January Expiry
Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 27 Tue January Expiry Which Call CE or PUT PE options to buy or sell in Torrent Power Limited TORNTPOWER
TORNTPOWER Option Chain Data Analysis for Torrent Power Limited TORNTPOWER option chain
Maximum Call writing has been for strikes: 1400 1420 1520 1440
Until yesterday Maximum Call writing has been for strikes: 1400 1420 1480 1440
Open Interest of Call writers for the options of Torrent Power Limited TORNTPOWER is shifting upwards. This would mean that markets are moving in an upward directions. Buying Calls and CE of Torrent Power 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: 1260 1300 1400 1280
Until yesterday Maximum Put writing has been for strikes: 1260 1300 1400 1440
Open Interest of PUT writers for the options of Torrent Power Limited TORNTPOWER 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.
TORNTPOWER Option Chain Price Analysis for Torrent Power Limited TORNTPOWER option chain
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 Power Limited TORNTPOWER at this time.
It appears as if Torrent Power Limited TORNTPOWER gave a large move recently.
Stock of Torrent Power Limited (TORNTPOWER) 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 Power Limited is bullish for shortterm, and stock might move up till 1372.6 or till 1431. Use a stoploss of 1323.98 and if this stock hits its stoploss, then it can fall down till 1275.32
Torrent Power Limited TORNTPOWER Option Chain, OTM CE, ITM PE
Below is full option chain of Torrent Power 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 Power Limited TORNTPOWER Option Chain, ITM CE, OTM PE
Below is full option chain of Torrent Power 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.