Market is open
The closing auction session is running (3:15 to 3:35 pm); derivatives keep trading until 3:40 pm.
This is the 3:15 pm update; the page is refreshed about every 30 minutes while the market is open.
PIDILITIND at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| PIDILITIND | 1395.80 | n/a | 1.01 | 1380 / 1500 | 1440 | Direction not established |
Comparison window: session. PCR is full-expiry Open Interest, puts ÷ calls. The walls are the largest put Open Interest at or below spot and the largest call Open Interest at or above it.
Why this stock has the detailed view: Decided from the latest snapshot alone (no ledger of at least 3 sessions yet); Open interest within 5 strikes of the money is Rs 247.48Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 1488.55Cr, above the Rs 100.00Cr floor; 11 of 11 near-the-money strikes carry real Open Interest and traded volume, at least 7 needed; The top strike holds 12.4% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 50 strikes are listed.
PIDILITIND — Direction not established
Not enough matched session positioning for a direction
- The dayPIDILITIND at 1395.8 · PCR 1.01 full expiry, 1.07 on screen
- The positionsPut wall 1380 (1.80L, +1.64L today) · Call wall 1500 (2.44L, +1.54L today) · 1.05 puts added per call today
- The tradingBusiest 1400 (19.83L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where PIDILITIND sits against its walls
- Above the call wallSustained trade above 1500 (+104 from spot). Next call Open Interest above: 1600 (1.22L).
- Between the walls · spot is hereSpot between 1380 and 1500, now 13% of the way up. Max pain 1440 (+44.2 from spot).
- Below the put wallSustained trade below 1380 (−15.8 from spot). Next put Open Interest below: 1300 (1.03L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Call wall | 1500 | +104 (+7.47%) | 2.44L |
| Move range high | 1472 | +77 (+5.49%) | — |
| Next call wall | 1460 | +64 (+4.60%) | 1.58L |
| Max pain | 1440 | +44 (+3.17%) | — |
| Gamma flip | 1419 | +23 (+1.65%) | — |
| Spot | 1396 | — | — |
| Put wall | 1380 | −16 (−1.13%) | 1.80L |
| Move range low | 1319 | −77 (−5.49%) | — |
| Next put wall | 1300 | −96 (−6.86%) | 1.03L |
The move being priced
The ATM straddle prices a move of about ±77 to expiry, a range of 1319 to 1472, at an ATM implied volatility of 30.3%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched25 of 42 (60%) · 9 Call, 16 Put
- Positioning leanNot measured
- PIDILITIND vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 17 of 42 displayed legs have no matched session reading.
- The previous close for the immediately preceding session is not available, so the day change is left unknown rather than measured against an older date.
Expiry 2026-11-23 · 21 displayed strikes, 1200 to 1600 · Full expiry, 50 strikes, 760 to 2240
PIDILITIND on the live tools
This article is the read. These pages are the terminal, each opening on PIDILITIND.