Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 30 Mon March Expiry
Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 30 Mon March 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: 1600 1700 1560 1570
Until yesterday Maximum Call writing has been for strikes: 1600 1700 1570 1560
Open Interest of Call writers for the options of Torrent Power Limited TORNTPOWER 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: 1450 1400 1560 1550
Until yesterday Maximum Put writing has been for strikes: 1450 1400 1500 1570
Open Interest of PUT writers for the options of Torrent Power Limited TORNTPOWER is shifting upwards. This would mean that markets are moving in an upward directions. Buying PUTS and PE of Torrent Power Limited might not be profitable.
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, but trade for tomorrow is selective. Take a BUY trade only if Torrent Power Limited stays above 1544.6, but if it comes below 1544.6, then a intra day sell could be more profitable. If you take a sell trade below 1544.6, then use 1544.6 as stoploss and 1485.84 as target. However if you take a buy trade in Torrent Power Limited, then use 1544.6 as stoploss and 1615.2 as target.
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.