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Mahindra & Mahindra Limited

NSE: M&M · Lot size: 200

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Mahindra & Mahindra Limited Open Interest & PCR Analysis

₹3,249.6Updated 21 Apr 2026, 01:26 pm IST
PCR
0.72
Bearish signal
Max Pain
₹3,200
Spot above by ₹50
Total CE OI
4.73M
Call writers
Total PE OI
3.39M
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 unchanged and total open interest static, indicating equilibrium between longs and shorts. The absence of price-OI momentum rules out strong directional commitment. Signal strength is weak, reflecting market indecision ahead of expiry.

Put-Call Ratio Signal

PCR holds steady at 0.716, remaining below the 0.7 threshold, signaling bearish contrarian sentiment among options writers. No shift from the prior day underscores persistent downside hedging at short-dated strikes.

Futures Confirmation

Futures open interest is flat at zero net change, confirming lack of directional follow-through from the options segment. The absence of long or short accumulation in futures amplifies the neutral bias, with no trend reinforcement.

Bias for Tomorrow

Sideways with a bearish tilt; invalidation at ₹3275 if futures break and sustain above.

Data as of 2026-04-21

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Frequently Asked Questions

What is Mahindra & Mahindra Limited PCR (Put-Call Ratio) today?▾
Mahindra & Mahindra Limited's current PCR is 0.72. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Mahindra & Mahindra Limited's PCR of 0.72 indicates bearish sentiment.
What is Mahindra & Mahindra Limited OI buildup type today?▾
Mahindra & Mahindra 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 Mahindra & Mahindra Limited?▾
Mahindra & Mahindra Limited has total CE (call) OI of 4733200 contracts and total PE (put) OI of 3387000 contracts for the nearest expiry. The PCR is 0.72.
How is open interest analysis useful for Mahindra & Mahindra Limited trading?▾
OI analysis for Mahindra & Mahindra 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 Mahindra & Mahindra Limited?▾
Mahindra & Mahindra Limited's max pain is ₹3,200 — 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.