National Aluminium Company Limited Open Interest & PCR Analysis

OI Buildup Pattern

The expiry shows a neutral buildup, meaning that the combined price‑movement and open‑interest (OI) signal does not point to a clear accumulation of either long or short contracts. With the spot price unchanged at ₹374.1 and total OI flat at 2,66,64,375, the market is holding its existing positions without a discernible bias. This stability suggests that traders are neither aggressively adding to long positions nor intensifying short exposure for this expiry.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.582, modestly higher than yesterday’s 0.567. The rise in PCR indicates a slight tilt toward more put‑option activity relative to calls, though the ratio remains below 1, reflecting an overall bullish‑to‑neutral options sentiment.

Futures OI

Futures open interest for the current expiry registers at zero with no change from the prior day, implying that no new futures contracts have been initiated or unwound. The flat futures OI underscores a lack of directional thrust in the underlying futures market, reinforcing the neutral stance observed in the options segment.

Data Summary

The key takeaway for this expiry is a steady total OI of 2,66,64,375 combined with a neutral buildup and a PCR of 0.582, pointing to an equilibrium in market positioning.