GAIL (India) Limited Open Interest & PCR Analysis
₹161.65Updated 21 Apr 2026, 01:26 pm IST
PCR
1.25
Bullish signal
Max Pain
₹150
Spot above by ₹12
Total CE OI
26.06M
Call writers
Total PE OI
32.47M
Put 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 Read
Neutral buildup with unchanged open interest and flat price action indicates balanced market sentiment. Neither bullish nor bearish accumulation is occurring at current levels. Signal strength is weak due to lack of fresh positioning.
Put-Call Ratio Signal
PCR holds steady at 1.246, above the 1.0 threshold, reflecting dominant put writing and a contrarian bullish bias. No change from yesterday confirms persistent optimism among options sellers.
Futures Confirmation
Futures open interest remains at zero, showing no participation from directional futures traders. Absence of futures follow-through fails to confirm the options-based bullish signal.
Bias for Tomorrow
Bullish bias prevails pending break below ₹159.50, which would invalidate the outlook.
Data as of 2026-04-21
Related Analysis
Frequently Asked Questions
What is GAIL (India) Limited PCR (Put-Call Ratio) today?▾
GAIL (India) Limited's current PCR is 1.25. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. GAIL (India) Limited's PCR of 1.25 indicates bullish sentiment.
What is GAIL (India) Limited OI buildup type today?▾
GAIL (India) 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 GAIL (India) Limited?▾
GAIL (India) Limited has total CE (call) OI of 26056800 contracts and total PE (put) OI of 32473350 contracts for the nearest expiry. The PCR is 1.25.
How is open interest analysis useful for GAIL (India) Limited trading?▾
OI analysis for GAIL (India) 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 GAIL (India) Limited?▾
GAIL (India) Limited's max pain is ₹150 — 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.