Indian Renewable Energy Development Agency Limited Open Interest & PCR Analysis

Indian Renewable Energy Development Agency Limited's current PCR is 0.58. 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 Renewable Energy Development Agency Limited's PCR of 0.58 indicates bearish sentiment.

Indian Renewable Energy Development Agency 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.

Indian Renewable Energy Development Agency Limited has total CE (call) OI of 38664150 contracts and total PE (put) OI of 22449150 contracts for the nearest expiry. The PCR is 0.58.

OI analysis for Indian Renewable Energy Development Agency 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.

Indian Renewable Energy Development Agency Limited's max pain is ₹129 — 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.