Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 28 Tue April Expiry
Munafa TORNTPOWER (target) price & Options chain analysis (Torrent Power Limited) Option chain analysis (TORNTPOWER) 28 Tue April 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: 1500 1330 1400 1550
Until yesterday Maximum Call writing has been for strikes: 1500 1330 1400 1450
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: 1320 1330 1300 1400
Until yesterday Maximum Put writing has been for strikes: 1320 1120 1330 1300
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, 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 Power Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Torrent Power Limited stays above 1468.8, but if it comes below 1468.8, then a intra day sell could be more profitable. If you take a sell trade below 1468.8, then use 1468.8 as stoploss and 1413.76 as target. However if you take a buy trade in Torrent Power Limited, then use 1468.8 as stoploss and 1534.9 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.