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Pidilite Industries Limited

NSE: PIDILITIND · Lot size: 500

Pidilite Industries Limited Open Interest & PCR Analysis

1,396.8Updated 21 Apr 2026, 01:26 pm IST
PCR
0.71
Bearish signal
Max Pain
1,350
Spot above by ₹47
Total CE OI
1.56M
Call writers
Total PE OI
1.11M
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 static at 26.7 lakh contracts. Absence of price-OI momentum excludes long buildup or short covering. Market lacks directional conviction, reflecting equilibrium between bulls and bears.

Put-Call Ratio Signal

PCR holds steady at 0.71, remaining below the 0.7 threshold, signaling bearish contrarian sentiment. No shift from prior day sustains caution among options traders.

Futures Confirmation

Futures OI unchanged at zero, indicating no fresh positioning in the futures segment. Lack of futures participation fails to validate any emerging bias in options.

Bias for Tomorrow

Bearish bias persists below ₹1,397, invalidation at daily close above ₹1,420.

Data as of 2026-04-21

Frequently Asked Questions

What is Pidilite Industries Limited PCR (Put-Call Ratio) today?
Pidilite Industries Limited's current PCR is 0.71. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Pidilite Industries Limited's PCR of 0.71 indicates bearish sentiment.
What is Pidilite Industries Limited OI buildup type today?
Pidilite 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 Pidilite Industries Limited?
Pidilite Industries Limited has total CE (call) OI of 1561000 contracts and total PE (put) OI of 1109000 contracts for the nearest expiry. The PCR is 0.71.
How is open interest analysis useful for Pidilite Industries Limited trading?
OI analysis for Pidilite 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 Pidilite Industries Limited?
Pidilite Industries Limited's max pain is ₹1,350 — 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.