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Bajaj Auto Limited

NSE: BAJAJ-AUTO · Automobile and Auto Components · Lot size: 1

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Bajaj Auto Limited Open Interest & PCR Analysis

₹9,638▲ +0.92%Updated 24 Apr 2026, 11:32 am IST
PCR
0.84
Neutral
Max Pain
₹9,500
Spot above by ₹138
Total CE OI
1.16M
Call writers
Total PE OI
978K
Put writers
OI Buildup Signal
Short Covering
Price↑ + OI↓ — shorts closing, squeeze risk
Put-Call Ratio Gauge
0 — Bearish1.0 — Neutral2.0+ — Bullish
AI AnalysisGenerated daily after market close · AI-powered

OI Buildup Read

The buildup is short covering, with spot price up and total open interest flat. This indicates bulls are not aggressively entering, but bears are exiting positions amid reducing downward pressure. The signal strength is moderate, reflecting relief rebound rather than fresh conviction.

Put-Call Ratio Signal

PCR holds steady at 0.843, remaining below the neutral threshold of 1, signaling lack of put dominance and no contrarian bearish reversal. The unchanged ratio from the prior day suggests stable but cautious trader sentiment.

Futures Confirmation

Futures OI is zero with no change, showing no participation from directional futures traders. This absence fails to validate the options-driven short covering, indicating limited follow-through from institutional or aggressive long-side players.

Bias for Tomorrow

Bullish bias prevails for the near term, but upside is constrained; invalidation occurs below ₹9550.

Data as of 2026-04-26

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Frequently Asked Questions

What is Bajaj Auto Limited PCR (Put-Call Ratio) today?▾
Bajaj Auto Limited's current PCR is 0.84. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Bajaj Auto Limited's PCR of 0.84 indicates neutral sentiment.
What is Bajaj Auto Limited OI buildup type today?▾
Bajaj Auto Limited is currently showing short covering — shorts closing with falling OI, which can trigger a short squeeze. This is determined by comparing today's price change direction with the direction of total OI change — using the standard F&O buildup classification framework.
What is total CE and PE open interest for Bajaj Auto Limited?▾
Bajaj Auto Limited has total CE (call) OI of 1160325 contracts and total PE (put) OI of 977925 contracts for the nearest expiry. The PCR is 0.84.
How is open interest analysis useful for Bajaj Auto Limited trading?▾
OI analysis for Bajaj Auto Limited helps identify institutional positioning. High CE OI at a strike = call writers defending that level (resistance). High PE OI = put writers defending that level (support). The buildup type tells you whether smart money is building fresh positions (bullish/bearish) or exiting existing ones.
What is the max pain for Bajaj Auto Limited?▾
Bajaj Auto Limited's max pain is ₹9,500 — the strike price where option writers (sellers) collectively suffer the least financial loss at expiry. The current spot price vs max pain deviation guides near-term directional bias into expiry.