Munafa ULTRACEMCO (target) price & Options chain analysis (UltraTech Cement Limited) Option chain analysis (ULTRACEMCO) 26 Tue May Expiry Which Call CE or PUT PE options to buy or sell in UltraTech Cement Limited ULTRACEMCO
Lot size for ULTRATECH CEMENT LIMITED ULTRACEMCO is 50
ULTRACEMCO Option Chain Data Analysis for UltraTech Cement Limited ULTRACEMCO option chain
Maximum Call writing has been for strikes: 12200 12000 13000 12300
Until yesterday Maximum Call writing has been for strikes: 12000 13000 12200 12300
Open Interest of Call writers for the options of UltraTech Cement Limited ULTRACEMCO 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: 11500 11300 11000 11200
Until yesterday Maximum Put writing has been for strikes: 11500 11300 11000 12000
Open Interest of PUT writers for the options of UltraTech Cement Limited ULTRACEMCO 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 downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT UltraTech Cement Limited ULTRACEMCO at this time.
It appears as if UltraTech Cement Limited ULTRACEMCO gave a large move recently.
Stock of UltraTech Cement Limited (ULTRACEMCO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, and the stock might move lower...
My analysis of UltraTech Cement Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if UltraTech Cement Limited stays below 11542.5, but if it comes above 11542.5, then a intra day buy could be more profitable.
If you take a sell trade below 11542.5, then use 11542.5 as stoploss and 11234.4 as target. However if you take a buy trade in UltraTech Cement Limited, then use 11542.5 as stoploss and 11799.3 as target.
UltraTech Cement Limited ULTRACEMCO Option Chain, OTM CE, ITM PE
Below is full option chain of UltraTech Cement 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.
UltraTech Cement Limited ULTRACEMCO Option Chain, ITM CE, OTM PE
Below is full option chain of UltraTech Cement 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.