Oil & Natural Gas Corporation Limited Open Interest & PCR Analysis

Oil & Natural Gas Corporation Limited's current PCR is 0.42. 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 & Natural Gas Corporation Limited's PCR of 0.42 indicates bearish sentiment.

Oil & Natural Gas Corporation 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.

Oil & Natural Gas Corporation Limited has total CE (call) OI of 57242250 contracts and total PE (put) OI of 24234750 contracts for the nearest expiry. The PCR is 0.42.

OI analysis for Oil & Natural Gas Corporation 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.

Oil & Natural Gas Corporation Limited's max pain is ₹275 — 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.