Larsen & Toubro Limited Open Interest & PCR Analysis
₹4,076.2Updated 21 Apr 2026, 01:26 pm IST
PCR
0.78
Bearish signal
Max Pain
₹3,920
Spot above by ₹156
Total CE OI
8.65M
Call writers
Total PE OI
6.74M
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 flat at ₹4076.2 and total OI unchanged, indicating balanced participation. Neither fresh longs nor new shorts are entering aggressively. The signal strength is moderate, reflecting market indecision near current levels.
Put-Call Ratio Signal
PCR stands at 0.78, within the bearish contrarian zone, suggesting excessive call writing and potential downside protection. No shift from yesterday’s PCR confirms persistent optimism among options sellers.
Futures Confirmation
Futures OI is flat at zero net change, failing to confirm any fresh directional conviction. Lack of participation in futures aligns with neutral options buildup, reinforcing consolidation bias.
Bias for Tomorrow
Bullish bias prevails with an invalidation level at ₹4050.
Data as of 2026-04-21
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Frequently Asked Questions
What is Larsen & Toubro Limited PCR (Put-Call Ratio) today?▾
Larsen & Toubro Limited's current PCR is 0.78. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Larsen & Toubro Limited's PCR of 0.78 indicates bearish sentiment.
What is Larsen & Toubro Limited OI buildup type today?▾
Larsen & Toubro 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 Larsen & Toubro Limited?▾
Larsen & Toubro Limited has total CE (call) OI of 8646050 contracts and total PE (put) OI of 6740825 contracts for the nearest expiry. The PCR is 0.78.
How is open interest analysis useful for Larsen & Toubro Limited trading?▾
OI analysis for Larsen & Toubro 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 Larsen & Toubro Limited?▾
Larsen & Toubro Limited's max pain is ₹3,920 — 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.