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JINDAL STEEL LIMITED

NSE: JINDALSTEL · Lot size: 625

JINDAL STEEL LIMITED Open Interest & PCR Analysis

1,287.9Updated 21 Apr 2026, 01:26 pm IST
PCR
1.15
Neutral
Max Pain
1,250
Spot above by ₹38
Total CE OI
3.91M
Call writers
Total PE OI
4.48M
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 price unchanged and total open interest flat at 0% change. Neither fresh longs nor shorts are entering aggressively, indicating market indecision near ₹1287.9. The signal strength is weak, reflecting consolidation ahead of potential breakout.

Put-Call Ratio Signal

PCR holds steady at 1.146, maintaining above the 1.0 threshold, suggesting a mildly bullish contrarian sentiment among options traders. No shift from the previous day confirms sustained put dominance but without intensification.

Futures Confirmation

Futures open interest remains stagnant at zero, showing no new positioning in the futures segment. This absence of futures traction fails to validate any emerging directional momentum from options activity.

Bias for Tomorrow

Neutral bias persists with invalidation at ₹1275 (support) and ₹1300 (resistance); breakout in either direction required for commitment.

Data as of 2026-04-21

Frequently Asked Questions

What is JINDAL STEEL LIMITED PCR (Put-Call Ratio) today?
JINDAL STEEL LIMITED's current PCR is 1.15. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. JINDAL STEEL LIMITED's PCR of 1.15 indicates neutral sentiment.
What is JINDAL STEEL LIMITED OI buildup type today?
JINDAL STEEL 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 JINDAL STEEL LIMITED?
JINDAL STEEL LIMITED has total CE (call) OI of 3910625 contracts and total PE (put) OI of 4482500 contracts for the nearest expiry. The PCR is 1.15.
How is open interest analysis useful for JINDAL STEEL LIMITED trading?
OI analysis for JINDAL STEEL 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 JINDAL STEEL LIMITED?
JINDAL STEEL LIMITED's max pain is ₹1,250 — 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.