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Cipla Limited

NSE: CIPLAHealthcareLot size: 425

Cipla Limited Open Interest & PCR Analysis

₹1385.00Updated 4 Sept 2026, 03:30 pm IST
PCR
0.58Bearish signal
Max Pain
₹1400Spot below by ₹15
Total CE OI
5.46MCall writers
Total PE OI
3.15MPut 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 shows a neutral buildup, meaning that price movement is flat while total OI remains unchanged. A neutral buildup suggests that neither long nor short participants are augmenting their positions significantly for this expiry. Consequently, the market appears to be in a state of equilibrium, with traders awaiting a directional catalyst before committing additional capital.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.577, indicating that call options are more heavily traded than puts in the current contract. Compared with yesterday’s PCR of 0.597, the slight decline signals a modest shift toward greater call‑side activity, though the ratio remains below one.

Futures OI

Futures open interest registers zero change, reflecting a flat net position across the cohort of market participants. This static futures OI reinforces the neutral stance observed in the options market, implying that speculative or hedging activity is presently dormant.

Data Summary

The key figure for this expiry is the total OI of 5,461,250 contracts, with call OI accounting for 3,150,525 contracts.

Data as of 2026-09-04

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Frequently Asked Questions

What is Cipla Limited PCR (Put-Call Ratio) today?
Cipla Limited's current PCR is 0.58. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Cipla Limited's PCR of 0.58 indicates bearish sentiment.
What is Cipla Limited OI buildup type today?
Cipla 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 Cipla Limited?
Cipla Limited has total CE (call) OI of 5461250 contracts and total PE (put) OI of 3150525 contracts for the nearest expiry. The PCR is 0.58.
How is open interest analysis useful for Cipla Limited trading?
OI analysis for Cipla 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 Cipla Limited?
Cipla Limited's max pain is ₹1,400 — 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.