Havells India Limited Open Interest & PCR Analysis
₹1,324.5Updated 21 Apr 2026, 01:26 pm IST
PCR
0.71
Bearish signal
Max Pain
₹1,280
Spot above by ₹45
Total CE OI
3.47M
Call writers
Total PE OI
2.47M
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 prevails with spot flat at ₹1324.5 and total OI unchanged, indicating balanced addition and reduction across strikes. This reflects indecision between bulls and bears amid consolidation. Signal strength is moderate, lacking fresh directional momentum.
Put-Call Ratio Signal
PCR holds steady at 0.713, remaining below the 0.7 threshold, signaling bearish contrarian sentiment. No shift from prior day suggests persistent put dominance in options structure.
Futures Confirmation
Futures OI is zero with no open interest, failing to confirm any directional bias from options activity. Absence of futures participation undermines conviction in the current options positioning.
Bias for Tomorrow
Bearish bias for tomorrow; invalidation level at ₹1340.
Data as of 2026-04-21
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Frequently Asked Questions
What is Havells India Limited PCR (Put-Call Ratio) today?▾
Havells India Limited's current PCR is 0.71. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Havells India Limited's PCR of 0.71 indicates bearish sentiment.
What is Havells India Limited OI buildup type today?▾
Havells 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 Havells India Limited?▾
Havells India Limited has total CE (call) OI of 3465500 contracts and total PE (put) OI of 2469500 contracts for the nearest expiry. The PCR is 0.71.
How is open interest analysis useful for Havells India Limited trading?▾
OI analysis for Havells 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 Havells India Limited?▾
Havells India Limited's max pain is ₹1,280 — 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.