Munafa ULTRACEMCO (target) price & Options chain analysis (UltraTech Cement Limited) Option chain analysis (ULTRACEMCO) 27 Tue January 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 13000 12500 12000
Until yesterday Maximum Call writing has been for strikes: 12200 13000 12500 12000
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 12000 11000 11800
Until yesterday Maximum Put writing has been for strikes: 11500 12000 11800 11000
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 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 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 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 UltraTech Cement Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 12057.7 as stoploss in an intra day sell trade for a target of 11824.95. However, stock will show a bullish move above 12057.7.
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.