Punjab National Bank Open Interest & PCR Analysis
₹114.78Updated 21 Apr 2026, 01:26 pm IST
PCR
0.88
Neutral
Max Pain
₹112
Spot above by ₹3
Total CE OI
75.36M
Call writers
Total PE OI
66.53M
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 OI static at 14.19 crore contracts. No fresh positioning momentum in either direction indicates equilibrium between bulls and bears. Signal strength is low, reflecting indecision ahead of key levels.
Put-Call Ratio Signal
PCR holds steady at 0.883, within neutral territory—below 1 but above the bearish threshold of 0.7. Lacking a shift from yesterday, it suggests no contrarian reversal sentiment emerging.
Futures Confirmation
Futures OI remains at zero, showing no participation from directional futures traders. This absence fails to confirm any latent bias from options, reinforcing the sideways-trading narrative.
Bias for Tomorrow
Neutral bias with invalidation at ₹112.50 (breakdown) and ₹117.00 (breakout).
Data as of 2026-04-21
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Frequently Asked Questions
What is Punjab National Bank PCR (Put-Call Ratio) today?▾
Punjab National Bank's current PCR is 0.88. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Punjab National Bank's PCR of 0.88 indicates neutral sentiment.
What is Punjab National Bank OI buildup type today?▾
Punjab National Bank 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 Punjab National Bank?▾
Punjab National Bank has total CE (call) OI of 75360000 contracts and total PE (put) OI of 66528000 contracts for the nearest expiry. The PCR is 0.88.
How is open interest analysis useful for Punjab National Bank trading?▾
OI analysis for Punjab National Bank 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 Punjab National Bank?▾
Punjab National Bank's max pain is ₹112 — 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.