Piramal Pharma Limited Open Interest & PCR Analysis
₹151.19Updated 21 Apr 2026, 01:26 pm IST
PCR
0.70
Bearish signal
Max Pain
₹148
Spot above by ₹4
Total CE OI
4.97M
Call writers
Total PE OI
3.49M
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 flat at ₹151.19 and total options OI unchanged. No fresh positioning indicates equilibrium between longs and shorts. Signal strength is weak, reflecting indecision in price direction.
Put-Call Ratio Signal
PCR holds at 0.701, confirming bearish contrarian sentiment as it remains below the 0.7 threshold. No shift from prior day sustains downside pressure bias in options stacking.
Futures Confirmation
Futures OI stands at zero with no open positions, failing to confirm any directional momentum from options. Absence of futures participation undermines buildup credibility.
Bias for Tomorrow
Downside bias persists; invalidation level at ₹154.20.
Data as of 2026-04-21
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Frequently Asked Questions
What is Piramal Pharma Limited PCR (Put-Call Ratio) today?▾
Piramal Pharma Limited's current PCR is 0.70. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Piramal Pharma Limited's PCR of 0.70 indicates bearish sentiment.
What is Piramal Pharma Limited OI buildup type today?▾
Piramal Pharma 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 Piramal Pharma Limited?▾
Piramal Pharma Limited has total CE (call) OI of 4971750 contracts and total PE (put) OI of 3486000 contracts for the nearest expiry. The PCR is 0.70.
How is open interest analysis useful for Piramal Pharma Limited trading?▾
OI analysis for Piramal Pharma 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 Piramal Pharma Limited?▾
Piramal Pharma Limited's max pain is ₹148 — 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.