Hindalco Industries Limited Open Interest & PCR Analysis
₹1,022Updated 21 Apr 2026, 01:26 pm IST
PCR
0.73
Bearish signal
Max Pain
₹960
Spot above by ₹62
Total CE OI
14.36M
Call writers
Total PE OI
10.42M
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 indicates price consolidation at ₹1022 with no change in total open interest. Neither fresh longs nor shorts are accumulating, reflecting indecision. Signal strength is weak, suggesting range-bound action without directional commitment.
Put-Call Ratio Signal
PCR holds steady at 0.726, below the 0.7 threshold, signaling bearish contrarian sentiment. No shift from the prior day reinforces persistent downside bias among traders.
Futures Confirmation
Futures OI is flat at zero, showing no new positioning to confirm or contradict options activity. Lack of futures follow-through negates any emerging momentum from options.
Bias for Tomorrow
Bearish bias persists; invalidation occurs above ₹1030.
Data as of 2026-04-21
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Frequently Asked Questions
What is Hindalco Industries Limited PCR (Put-Call Ratio) today?▾
Hindalco Industries Limited's current PCR is 0.73. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Hindalco Industries Limited's PCR of 0.73 indicates bearish sentiment.
What is Hindalco Industries Limited OI buildup type today?▾
Hindalco Industries 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 Hindalco Industries Limited?▾
Hindalco Industries Limited has total CE (call) OI of 14356300 contracts and total PE (put) OI of 10423700 contracts for the nearest expiry. The PCR is 0.73.
How is open interest analysis useful for Hindalco Industries Limited trading?▾
OI analysis for Hindalco Industries 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 Hindalco Industries Limited?▾
Hindalco Industries Limited's max pain is ₹960 — 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.