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PI Industries Limited

NSE: PIIND · Lot size: 175

PI Industries Limited Open Interest & PCR Analysis

3,040Updated 21 Apr 2026, 01:26 pm IST
PCR
0.86
Neutral
Max Pain
2,940
Spot above by ₹100
Total CE OI
690K
Call writers
Total PE OI
595K
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 is in place with spot flat at ₹3040 and total options OI unchanged, indicating equilibrium between long and short positioning. The absence of fresh OI addition amid sideways price action reflects indecision in the market. Signal strength is weak, suggesting no conviction-driven momentum at current levels.

Put-Call Ratio Signal

PCR remains stagnant at 0.862, below the 1.0 threshold, indicating put dominance but not at contrarian bearish extremes. No shift from the previous day suggests sustained but non-alarming defensive positioning.

Futures Confirmation

Futures OI is zero with no open positions, depriving the options structure of directional confirmation from the futures segment. This lack of participation undermines any potential trend signal from options activity.

Bias for Tomorrow

Neutral bias prevails with range-bound action expected; invalidation at ₹3080 (breakout) and ₹3000 (breakdown).

Data as of 2026-04-21

Frequently Asked Questions

What is PI Industries Limited PCR (Put-Call Ratio) today?
PI Industries Limited's current PCR is 0.86. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. PI Industries Limited's PCR of 0.86 indicates neutral sentiment.
What is PI Industries Limited OI buildup type today?
PI Industries 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 PI Industries Limited?
PI Industries Limited has total CE (call) OI of 690375 contracts and total PE (put) OI of 595350 contracts for the nearest expiry. The PCR is 0.86.
How is open interest analysis useful for PI Industries Limited trading?
OI analysis for PI Industries 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 PI Industries Limited?
PI Industries Limited's max pain is ₹2,940 — 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.