Current market price (CMP) is 4308. PCR (price-to-strike ratio) is 1.15, which means that the market is pricing in a higher implied volatility for out-of-the-money (OTM) puts than for OTM calls. Max pain is 4150, which means that the option market is most heavily weighted towards this strike price. ATM IV (implied volatility) is 36.3, which is in the 82nd...
Based on the analysis of the Kotak Bank chart, it is currently approaching the weekly support range at 1786. This support level suggests that there could be a potential bounce or consolidation in the stock's price, indicating a short-term positive outlook. Considering a timeframe of one week, the target is set at 1886, indicating a potential upward move in the...
Considering the technical analysis findings, it is recommended to sell TRENT Limited's stock with a target price of 1717 within a week. The recent breakout of the weekly range high and the exhaustion of the buying spree suggest that the stock may experience a retracement of at least 2 percent in the next 3-5 days. Buy TRENT July 1760 Put: Purchase a put option...
The analysis of the IDFC First Bank chart indicates signs of exhaustion, suggesting that the stock has reached the top of its daily and weekly Upper Band. This could be an indication that the stock's upward momentum may slow down or even reverse in the near future. Additionally, the Max Pain level, which represents the strike price at which option buyers would...
Based on the recent market trends and technical indicators, it appears that REC shares have entered the overbought zone on both the daily and weekly charts. This suggests that the stock may be overvalued and could experience a potential downward correction in the near term. Considering this analysis, I recommend considering a sell order for REC shares at a price...
At weekly higher range. After downfall of IEX more than 10%, next is PFC. In a week it will be below 175