Piramal Pharma Limited

NSE: PPLPHARMA · Healthcare · Lot size: 2625

Piramal Pharma Limited Open Interest & PCR Analysis

160.15Updated 30 Apr 2026, 06:00 am IST
PCR
0.94
Neutral
Max Pain
160
Spot above by ₹0
Total CE OI
6.54M
Call writers
Total PE OI
6.15M
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 price unchanged and total options OI stable at 0% net change. This signals balanced participation, with neither bulls nor bears adding fresh positions. The absence of directional OI momentum suggests indecision and range-bound action.

Put-Call Ratio Signal

PCR stands at 0.941, up from yesterday’s 0.872, reflecting a modest shift toward put dominance but still below the 1.0 bullish contrarian threshold. The rise in PCR indicates growing defensive positioning, though not at extreme levels.

Futures Confirmation

Futures OI remains at zero with no open contracts, removing any leverage or sentiment confirmation from the futures segment. This lack of participation weakens the signal integrity of options-based analysis.

Bias for Tomorrow

Bearish bias into expiry with resistance near ₹170; invalidation at ₹175.

Data as of 2026-04-28

Frequently Asked Questions

What is Piramal Pharma Limited PCR (Put-Call Ratio) today?
Piramal Pharma Limited's current PCR is 0.94. 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 0.94 indicates neutral 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 6538875 contracts and total PE (put) OI of 6150375 contracts for the nearest expiry. The PCR is 0.94.
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 ₹160 — 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.