HDFC Bank Limited Open Interest & PCR Analysis
₹810.95Updated 21 Apr 2026, 01:26 pm IST
PCR
0.60
Bearish signal
Max Pain
₹800
Spot above by ₹11
Total CE OI
77.97M
Call writers
Total PE OI
47.12M
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 ₹810.95 and total open interest unchanged. Neither fresh longs nor shorts are accumulating, indicating market indecision ahead of key expiry. Signal strength is weak, suggesting consolidation near current levels.
Put-Call Ratio Signal
PCR holds steady at 0.604, reinforcing a bearish contrarian signal as sustained levels below 0.7 reflect excessive put dominance. No shift from the prior day confirms persistent downside bias among traders.
Futures Confirmation
Futures open interest is zero with no participation, failing to validate any directional momentum from options. Absence of futures backing negates potential breakout credibility in either direction.
Bias for Tomorrow
Bearish bias persists below ₹815, with invalidation at ₹820.
Data as of 2026-04-21
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Frequently Asked Questions
What is HDFC Bank Limited PCR (Put-Call Ratio) today?▾
HDFC Bank Limited's current PCR is 0.60. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. HDFC Bank Limited's PCR of 0.60 indicates bearish sentiment.
What is HDFC Bank Limited OI buildup type today?▾
HDFC Bank 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 HDFC Bank Limited?▾
HDFC Bank Limited has total CE (call) OI of 77968000 contracts and total PE (put) OI of 47121800 contracts for the nearest expiry. The PCR is 0.60.
How is open interest analysis useful for HDFC Bank Limited trading?▾
OI analysis for HDFC Bank 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 HDFC Bank Limited?▾
HDFC Bank Limited's max pain is ₹800 — 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.