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TCS at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| TCS | 2453.20 | n/a | 1.04 | 2400 / 2500 | 2480 | 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 1503.51Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 3931.19Cr, 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 12.2% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 97 strikes are listed.
TCS — Direction not established
Not enough matched session positioning for a direction
- The dayTCS at 2453.2 · PCR 1.04 full expiry, 0.89 on screen
- The positionsPut wall 2400 (5.89L, +18.7K today) · Call wall 2500 (13.54L, +6.90L today) · 0.88 puts added per call today
- The tradingBusiest 2500 (40.82L traded) · no leg changed both premium and Open Interest over today, against the previous session
Where TCS sits against its walls
- Above the call wallSustained trade above 2500 (+46.8 from spot). Next call Open Interest above: 2600 (9.13L).
- Between the walls · spot is hereSpot between 2400 and 2500, now 53% of the way up. Max pain 2480 (+26.8 from spot).
- Below the put wallSustained trade below 2400 (−53.2 from spot). Next put Open Interest below: 2300 (7.92L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Next call wall | 2600 | +147 (+5.98%) | 9.13L |
| Move range high | 2584 | +131 (+5.32%) | — |
| Call wall | 2500 | +47 (+1.91%) | 13.54L |
| Max pain | 2480 | +27 (+1.09%) | — |
| Spot | 2453 | — | — |
| Put wall | 2400 | −53 (−2.17%) | 5.89L |
| Gamma flip | 2385 | −68 (−2.79%) | — |
| Move range low | 2323 | −131 (−5.32%) | — |
| Next put wall | 2320 | −133 (−5.43%) | 4.80L |
The move being priced
The ATM straddle prices a move of about ±131 to expiry, a range of 2323 to 2584, at an ATM implied volatility of 29.3%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched42 of 42 (100%) · 21 Call, 21 Put
- Positioning leanNot measured
- TCS vs previous closeNo previous close
- ResultDirection not established
- 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, 2260 to 2660 · Full expiry, 97 strikes, 1080 to 3480
TCS on the live tools
This article is the read. These pages are the terminal, each opening on TCS.