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JSW Steel Limited

NSE: JSWSTEEL · Lot size: 675

JSW Steel Limited Open Interest & PCR Analysis

1,280.2Updated 21 Apr 2026, 01:26 pm IST
PCR
1.01
Neutral
Max Pain
1,220
Spot above by ₹60
Total CE OI
5.97M
Call writers
Total PE OI
6.02M
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 open interest holding steady, signaling balanced buyer-seller conviction. Neither long buildup nor short unwinding is evident, reflecting market hesitation amid range-bound action. Signal strength is weak, with no fresh positioning momentum.

Put-Call Ratio Signal

Put-call ratio holds flat at 1.009, marginally above parity, indicating a slight contrarian bullish tilt as put dominance suggests cautious sentiment. No shift from yesterday’s level, reinforcing indecision in sentiment.

Futures Confirmation

Futures open interest remains unchanged at zero net addition, failing to confirm any directional commitment from institutional participants. Absence of futures traction underscores lack of trend alignment with options structure.

Bias for Tomorrow

Neutral bias prevails; break below ₹1270 invalidates consolidation and triggers bearish momentum.

Data as of 2026-04-21

Frequently Asked Questions

What is JSW Steel Limited PCR (Put-Call Ratio) today?
JSW Steel Limited's current PCR is 1.01. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. JSW Steel Limited's PCR of 1.01 indicates neutral sentiment.
What is JSW Steel Limited OI buildup type today?
JSW 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 JSW Steel Limited?
JSW Steel Limited has total CE (call) OI of 5965650 contracts and total PE (put) OI of 6016950 contracts for the nearest expiry. The PCR is 1.01.
How is open interest analysis useful for JSW Steel Limited trading?
OI analysis for JSW 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 JSW Steel Limited?
JSW Steel Limited's max pain is ₹1,220 — 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.