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Biocon Limited

NSE: BIOCONHealthcareLot size: 2500

Biocon Limited Open Interest & PCR Analysis

₹397.40Updated 4 Sept 2026, 03:30 pm IST
PCR
0.56Bearish signal
Max Pain
₹410Spot below by ₹13
Total CE OI
24.08MCall writers
Total PE OI
13.56MPut writers
OI Buildup Signal
Neutral
Price movement < 0.3% threshold
Put-Call Ratio Gauge
0 — Bearish1.0 — Neutral2.0+ — Bullish
AI AnalysisGenerated daily after market close · AI-powered

OI Buildup Pattern

The current open‑interest (OI) profile for this expiry exhibits a neutral buildup, meaning the spot price has remained flat while the aggregate OI is unchanged across both call and put legs. This combination suggests that neither long‑side participants nor short‑side participants are adding materially to their positions, indicating a pause in the accumulation of directional bets. Consequently, the market appears to be in a state of equilibrium with balanced demand and supply for the underlying, and any price movement is likely to be driven by short‑term news rather than a shift in positioning.

Put‑Call Ratio

The PCR stands at 0.563, indicating a modest predominance of call options over puts. Yesterday’s PCR was 0.619, reflecting a slight reduction in call‑option bias and a marginal tilt toward relative put demand.

Futures OI

Futures open interest registers zero change, implying that the number of contracts held by market participants is steady and that no new influx of speculative capital is entering the book. A flat futures OI typically signals the absence of strong directional conviction among traders and suggests that existing positions are being held rather than expanded.

Data Summary

The headline figure for this expiry is a total OI of 2,40,82,500 with call OI at 1,35,65,000, while the spot price sits at ₹397.4 unchanged.

Data as of 2026-09-04

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Frequently Asked Questions

What is Biocon Limited PCR (Put-Call Ratio) today?
Biocon Limited's current PCR is 0.56. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Biocon Limited's PCR of 0.56 indicates bearish sentiment.
What is Biocon Limited OI buildup type today?
Biocon Limited is currently showing neutral positioning with no significant directional bias. 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 Biocon Limited?
Biocon Limited has total CE (call) OI of 24082500 contracts and total PE (put) OI of 13565000 contracts for the nearest expiry. The PCR is 0.56.
How is open interest analysis useful for Biocon Limited trading?
OI analysis for Biocon 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 Biocon Limited?
Biocon Limited's max pain is ₹410 — 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.