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National Aluminium Company Limited

NSE: NATIONALUM · Lot size: 3750

National Aluminium Company Limited Open Interest & PCR Analysis

425.5Updated 21 Apr 2026, 01:26 pm IST
PCR
0.87
Neutral
Max Pain
410
Spot above by ₹16
Total CE OI
34.91M
Call writers
Total PE OI
30.29M
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 price unchanged and total OI static, indicating balanced long and short additions. No fresh directional commitment is observed in options, reflecting market indecision ahead of key data. Signal strength is weak, constrained by zero net OI expansion.

Put-Call Ratio Signal

PCR holds flat at 0.868, within neutral range—below 1 and above 0.7—suggesting neither excessive fear nor greed. The unchanged ratio from the prior day confirms sustained balance in put and call positioning.

Futures Confirmation

Futures OI remains at zero with no open positions, eliminating futures-driven confirmation of options sentiment. The absence of futures activity decouples spot-directional leverage from options dynamics.

Bias for Tomorrow

Bias is neutral; breakout above ₹435 or breakdown below ₹415 invalidates range-bound stance.

Data as of 2026-04-21

Frequently Asked Questions

What is National Aluminium Company Limited PCR (Put-Call Ratio) today?
National Aluminium Company Limited's current PCR is 0.87. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. National Aluminium Company Limited's PCR of 0.87 indicates neutral sentiment.
What is National Aluminium Company Limited OI buildup type today?
National Aluminium Company 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 National Aluminium Company Limited?
National Aluminium Company Limited has total CE (call) OI of 34908750 contracts and total PE (put) OI of 30292500 contracts for the nearest expiry. The PCR is 0.87.
How is open interest analysis useful for National Aluminium Company Limited trading?
OI analysis for National Aluminium Company 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 National Aluminium Company Limited?
National Aluminium Company Limited's max pain is ₹410 — 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.