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Max Financial Services Limited

NSE: MFSL · Lot size: 400

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Max Financial Services Limited Open Interest & PCR Analysis

₹1,652.6Updated 21 Apr 2026, 01:26 pm IST
PCR
0.58
Bearish signal
Max Pain
₹1,600
Spot above by ₹53
Total CE OI
1.03M
Call writers
Total PE OI
602K
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 with spot flat at ₹1652.6 and total OI unchanged, indicating balanced addition and reduction across strikes. This reflects indecision among options participants despite no price movement. Signal strength is weak, suggesting consolidation without directional commitment.

Put-Call Ratio Signal

PCR holds steady at 0.582, below the 0.7 threshold, signaling bearish contrarian sentiment in the options market. No shift from the prior day reinforces persistent put dominance without intensification.

Futures Confirmation

Futures OI is zero with no open positions, failing to confirm any emerging directional bias from options activity. Lack of futures participation undermines potential follow-through in either direction.

Bias for Tomorrow

Bias remains rangebound; invalidation at ₹1680 (upside) and ₹1625 (downside).

Data as of 2026-04-21

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Frequently Asked Questions

What is Max Financial Services Limited PCR (Put-Call Ratio) today?▾
Max Financial Services 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. Max Financial Services Limited's PCR of 0.58 indicates bearish sentiment.
What is Max Financial Services Limited OI buildup type today?▾
Max Financial Services 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 Max Financial Services Limited?▾
Max Financial Services Limited has total CE (call) OI of 1032800 contracts and total PE (put) OI of 601600 contracts for the nearest expiry. The PCR is 0.58.
How is open interest analysis useful for Max Financial Services Limited trading?▾
OI analysis for Max Financial Services 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 Max Financial Services Limited?▾
Max Financial Services Limited's max pain is ₹1,600 — 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.