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RELIANCE at a glance
| Stock | Spot | Day change | PCR | Put / call wall | Max pain | Verdict |
|---|---|---|---|---|---|---|
| RELIANCE | 1157.30 | n/a | 0.72 | 1100 / 1200 | 1200 | 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 7809.06Cr, above the Rs 150.00Cr floor; Traded volume in that window is Rs 12478.70Cr, 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 16.1% of total Open Interest, within the 40% ceiling; Both at-the-money legs have a premium, so the straddle is priced; 78 strikes are listed.
RELIANCE — Direction not established
Not enough matched session positioning for a direction
- The dayRELIANCE at 1157.3 · PCR 0.72 full expiry, 0.89 on screen
- The positionsPut wall 1100 (91.74L, +13.86L today) · Call wall 1200 (1.62Cr, +51.40L today) · 0.33 puts added per call today
- The tradingBusiest 1200 (3.18Cr traded) · no leg changed both premium and Open Interest over today, against the previous session
Where RELIANCE sits against its walls
- Above the call wallSustained trade above 1200 (+42.7 from spot). Next call Open Interest above: 1250 (1.16Cr).
- Between the walls · spot is hereSpot between 1100 and 1200, now 57% of the way up. Max pain 1200 (+42.7 from spot).
- Below the put wallSustained trade below 1100 (−57.3 from spot). Next put Open Interest below: 1090 (13.62L).
Levels
| Level | Price | From spot | Open Interest |
|---|---|---|---|
| Move range high | 1219 | +62 (+5.32%) | — |
| Call wall | 1200 | +43 (+3.69%) | 1.62Cr |
| Max pain | 1200 | +43 (+3.69%) | — |
| Next call wall | 1180 | +23 (+1.96%) | 51.33L |
| Spot | 1157 | — | — |
| Next put wall | 1150 | −7 (−0.63%) | 91.03L |
| Gamma flip | 1124 | −34 (−2.90%) | — |
| Put wall | 1100 | −57 (−4.95%) | 91.74L |
| Move range low | 1096 | −62 (−5.32%) | — |
The move being priced
The ATM straddle prices a move of about ±62 to expiry, a range of 1096 to 1219, at an ATM implied volatility of 29.4%. This is a pricing convention, not a forecast.
How this verdict was reached
- Comparison windowSession, previous close to 3:22 pm
- Legs matched41 of 42 (98%) · 20 Call, 21 Put
- Positioning leanNot measured
- RELIANCE vs previous closeNo previous close
- ResultDirection not established
What is uncertain
- 1 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, 1060 to 1260 · Full expiry, 78 strikes, 620 to 1760
RELIANCE on the live tools
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