Torrent Power Limited Open Interest & PCR Analysis
₹1,701.7Updated 30 Apr 2026, 06:00 am IST
PCR
1.20
Neutral
Max Pain
₹1,620
Spot above by ₹82
Total CE OI
1.45M
Call writers
Total PE OI
1.74M
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 as spot price holds flat and total open interest remains unchanged. Neither fresh longs nor shorts are accumulating, indicating equilibrium between bulls and bears. Signal strength is weak, reflecting indecision in the options market.
Put-Call Ratio Signal
PCR stands at 1.195, above the 1.0 threshold, suggesting a mildly bullish contrarian bias. The ratio declined from 1.257 yesterday, indicating shrinking put dominance and reduced defensive positioning.
Futures Confirmation
Futures open interest is zero with no volume, indicating no participation from directional futures traders. Absence of futures positioning prevents confirmation of the options-driven sentiment.
Bias for Tomorrow
Bias is sideways-to-slightly bullish, invalidated below ₹1790.
Data as of 2026-04-28
Related Analysis
Frequently Asked Questions
What is Torrent Power Limited PCR (Put-Call Ratio) today?▾
Torrent Power Limited's current PCR is 1.20. A PCR above 1.2 is considered bullish (more put writing = floor support); below 0.8 is bearish; 0.8–1.2 is neutral. Torrent Power Limited's PCR of 1.20 indicates neutral sentiment.
What is Torrent Power Limited OI buildup type today?▾
Torrent Power 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 Torrent Power Limited?▾
Torrent Power Limited has total CE (call) OI of 1452225 contracts and total PE (put) OI of 1736125 contracts for the nearest expiry. The PCR is 1.20.
How is open interest analysis useful for Torrent Power Limited trading?▾
OI analysis for Torrent Power 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 Torrent Power Limited?▾
Torrent Power Limited's max pain is ₹1,620 — 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.