Adani Energy Solutions Limited Open Interest & PCR Analysis

OI Buildup Pattern

The current build‑up is classified as neutral because the spot price is flat (₹1,409.6, 0 % change) while the total open interest for the current expiry (CE + PE) is unchanged at 97,38,900 contracts. A neutral build‑up implies that neither long‑side accumulation nor short‑side accumulation is dominant; market participants are largely holding their existing positions without adding significant directional bias. Consequently, the equilibrium between buying and selling pressure remains intact, suggesting limited impetus for a near‑term price move driven by new speculative flows.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.432, marginally lower than yesterday’s 0.437. This sub‑1.0 level indicates that call options are relatively more active than puts, reflecting a modest tilt toward bullish sentiment among option writers. The slight day‑over‑day decline in PCR reinforces the observation of a marginally stronger demand for calls versus puts.

Futures OI

Futures open interest for the current expiry shows zero change, with both the change in contracts and the percentage change reported as 0. This stagnant futures OI signals that traders are not expanding or unwinding positions in the underlying futures market, reinforcing the neutral stance observed in the options market. The lack of movement in futures OI suggests that any potential directional shift would need to stem from options‑driven activity rather than from the futures side.

Data Summary

The key takeaway is that total open interest for the ongoing expiry remains steady at 97,38,900 contracts, highlighting a balanced and unchanged positioning environment as of 4 September 2026.