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Oil India Limited

NSE: OIL · Lot size: 1400

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Oil India Limited Open Interest & PCR Analysis

₹466.45Updated 21 Apr 2026, 01:26 pm IST
PCR
0.43
Bearish signal
Max Pain
₹470
Spot below by ₹4
Total CE OI
10.25M
Call writers
Total PE OI
4.38M
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 OI flat, indicating balanced participation. Neither long buildup nor short unwinding is evident, reflecting market indecision ahead of expiry. Signal strength is weak due to stagnant open interest and price consolidation.

Put-Call Ratio Signal

PCR holds steady at 0.428, well below the 0.7 bearish contrarian threshold, signaling excessive call dominance and potential overbought sentiment. No shift from the prior day reinforces complacency among options sellers.

Futures Confirmation

Futures OI remains at zero, detaching from options activity and eliminating directional confirmation from the futures segment. This absence suggests institutions are not positioning in alignment with call-heavy options bets.

Bias for Tomorrow

Bearish bias persists into expiry; a break below ₹460.00 invalidates the near-term downside bias.

Data as of 2026-04-21

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Frequently Asked Questions

What is Oil India Limited PCR (Put-Call Ratio) today?▾
Oil India Limited's current PCR is 0.43. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Oil India Limited's PCR of 0.43 indicates bearish sentiment.
What is Oil India Limited OI buildup type today?▾
Oil India 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 Oil India Limited?▾
Oil India Limited has total CE (call) OI of 10248000 contracts and total PE (put) OI of 4383400 contracts for the nearest expiry. The PCR is 0.43.
How is open interest analysis useful for Oil India Limited trading?▾
OI analysis for Oil India 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 Oil India Limited?▾
Oil India Limited's max pain is ₹470 — 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.