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The Phoenix Mills Limited

NSE: PHOENIXLTD · Lot size: 350

The Phoenix Mills Limited Open Interest & PCR Analysis

1,829.8Updated 21 Apr 2026, 01:26 pm IST
PCR
0.86
Neutral
Max Pain
1,740
Spot above by ₹90
Total CE OI
1.12M
Call writers
Total PE OI
970K
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 options OI flat at 0% change, indicating balanced participation. Neither fresh longs nor shorts are accumulating, reflecting market indecision ahead of expiry. Signal strength is weak, with no conviction-driven positioning evident.

Put-Call Ratio Signal

PCR holds steady at 0.863, remaining below the 1.0 threshold, suggesting persistent call dominance and limited put protection appetite. No shift from prior day, reinforcing complacency in downside hedging.

Futures Confirmation

Futures OI is zero with no open interest, indicating complete absence of directional futures positioning. This lack of futures backing undermines any potential options-led bias, leaving price action purely options-driven.

Bias for Tomorrow

Neutral bias with range-bound action favored; a break below ₹1800 invalidates neutrality and triggers short-term bearish momentum.

Data as of 2026-04-21

Frequently Asked Questions

What is The Phoenix Mills Limited PCR (Put-Call Ratio) today?
The Phoenix Mills Limited's current PCR is 0.86. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. The Phoenix Mills Limited's PCR of 0.86 indicates neutral sentiment.
What is The Phoenix Mills Limited OI buildup type today?
The Phoenix Mills 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 The Phoenix Mills Limited?
The Phoenix Mills Limited has total CE (call) OI of 1123850 contracts and total PE (put) OI of 969500 contracts for the nearest expiry. The PCR is 0.86.
How is open interest analysis useful for The Phoenix Mills Limited trading?
OI analysis for The Phoenix Mills 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 The Phoenix Mills Limited?
The Phoenix Mills Limited's max pain is ₹1,740 — 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.