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Power Grid Corporation of India Limited

NSE: POWERGRID · Lot size: 1900

OverviewOption ChainOI AnalysisFII / DIIMax Pain

Power Grid Corporation of India Limited Open Interest & PCR Analysis

₹320.45Updated 21 Apr 2026, 01:26 pm IST
PCR
0.58
Bearish signal
Max Pain
₹310
Spot above by ₹10
Total CE OI
36.62M
Call writers
Total PE OI
21.35M
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 dominates with zero change in total open interest despite spot stagnation at ₹320.45, indicating balanced participation. Neither long buildup nor short unwinding is evident, reflecting market indecision. Signal strength is weak, constrained by lack of price and OI momentum.

Put-Call Ratio Signal

PCR holds steady at 0.583, remaining below the 0.7 threshold, signaling bearish contrarian sentiment. No shift from prior day, reinforcing persistent put-side dominance without intensification.

Futures Confirmation

Futures open interest is flat at zero net change, showing no fresh directional commitment. This absence of futures alignment fails to validate any emerging bias in options, leaving the structure unconfirmed.

Bias for Tomorrow

Bearish bias prevails due to low PCR and absence of bullish buildup, invalidated above ₹325.00.

Data as of 2026-04-21

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Frequently Asked Questions

What is Power Grid Corporation of India Limited PCR (Put-Call Ratio) today?▾
Power Grid Corporation of India Limited's current PCR is 0.58. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Power Grid Corporation of India Limited's PCR of 0.58 indicates bearish sentiment.
What is Power Grid Corporation of India Limited OI buildup type today?▾
Power Grid Corporation of India 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 Power Grid Corporation of India Limited?▾
Power Grid Corporation of India Limited has total CE (call) OI of 36622500 contracts and total PE (put) OI of 21346500 contracts for the nearest expiry. The PCR is 0.58.
How is open interest analysis useful for Power Grid Corporation of India Limited trading?▾
OI analysis for Power Grid Corporation of India 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 Power Grid Corporation of India Limited?▾
Power Grid Corporation of India Limited's max pain is ₹310 — 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.