<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=35476375865279447&ev=PageView&noscript=1"/>

Indian Railway Finance Corporation Limited

NSE: IRFC · Lot size: 4250

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Indian Railway Finance Corporation Limited Open Interest & PCR Analysis

₹103.89Updated 21 Apr 2026, 01:26 pm IST
PCR
0.71
Bearish signal
Max Pain
₹100
Spot above by ₹4
Total CE OI
37.01M
Call writers
Total PE OI
26.15M
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 dominates with price unchanged and total OI flat, indicating balanced participation. Neither fresh longs nor shorts are accumulating, reflecting market indecision. The signal strength is weak, lacking directional conviction.

Put-Call Ratio Signal

PCR holds steady at 0.706, confirming bearish contrarian sentiment as it remains below the 0.7 threshold. The ratio shows no shift from the prior day, suggesting sustained put dominance without acceleration.

Futures Confirmation

Futures OI remains zero with no open interest, failing to validate any underlying trend in the options segment. Absence of futures positioning deprives the market of directional follow-through.

Bias for Tomorrow

Bearish bias persists due to dominant put OI and lack of bullish buildup; invalidation occurs above ₹106.00.

Data as of 2026-04-21

Related Analysis

Same Sector

ABB
ABB India Limited
Neutral
ABCAPITAL
Aditya Birla Capital Limited
Neutral
ADANIENSOL
Adani Energy Solutions Limited
Neutral
ADANIENT
Adani Enterprises Limited
Neutral
ADANIGREEN
Adani Green Energy Limited
Neutral

Frequently Asked Questions

What is Indian Railway Finance Corporation Limited PCR (Put-Call Ratio) today?▾
Indian Railway Finance Corporation 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. Indian Railway Finance Corporation Limited's PCR of 0.71 indicates bearish sentiment.
What is Indian Railway Finance Corporation Limited OI buildup type today?▾
Indian Railway Finance Corporation 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 Indian Railway Finance Corporation Limited?▾
Indian Railway Finance Corporation Limited has total CE (call) OI of 37013250 contracts and total PE (put) OI of 26146000 contracts for the nearest expiry. The PCR is 0.71.
How is open interest analysis useful for Indian Railway Finance Corporation Limited trading?▾
OI analysis for Indian Railway Finance Corporation 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 Indian Railway Finance Corporation Limited?▾
Indian Railway Finance Corporation Limited's max pain is ₹100 — 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.