Cipla Limited Open Interest & PCR Analysis
₹1,230.6Updated 21 Apr 2026, 01:26 pm IST
PCR
0.86
Neutral
Max Pain
₹1,230
Spot above by ₹1
Total CE OI
4.47M
Call writers
Total PE OI
3.85M
Put writers
OI Buildup Signal
Neutral
Price movement < 0.3% threshold
Put-Call Ratio Gauge
0 — Bearish1.0 — Neutral2.0+ — Bullish
Data as of 2026-04-21
Related Analysis
Frequently Asked Questions
What is Cipla Limited PCR (Put-Call Ratio) today?▾
Cipla Limited's current PCR is 0.86. 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 0.86 indicates neutral 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 4467000 contracts and total PE (put) OI of 3846750 contracts for the nearest expiry. The PCR is 0.86.
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 ₹1,230 — 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.