In the last completed session, Bharat Forge Ltd. closed +1.64% with futures open interest moving -0.9%. That combination — price rising while OI shrinks — is classified as Short Covering. It typically reflects existing short sellers closing positions, not fresh buying. Short-covering rallies can be sharp but tend to fade without follow-through demand. The option PCR of 0.78 is balanced — no clear directional preference from option writers. Max-pain strike at ₹1,920 sits 0.9% below the current price, a mild magnet near expiry.
There have been no notable bulk or block deals from FIIs, mutual funds, or insurance companies in Bharat Forge Ltd. over the last 30 sessions.
Putting it together, the smart-money picture for Bharat Forge Ltd. points to a supportive setup at the next open.
Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.
| Call OI (writers) | Strike | Put OI (writers) |
|---|---|---|
|
IV 35%
Δ 0.78
θ -1.2
ν 2
|
1820 |
IV 30%
Δ -0.20
θ -0.7
ν 1
|
|
IV 40%
Δ 0.71
θ -1.6
ν 2
|
1840 |
IV 30%
Δ -0.23
θ -0.8
ν 2
|
|
IV 32%
Δ 0.71
θ -1.3
ν 2
|
1860 |
IV 29%
Δ -0.27
θ -0.9
ν 2
|
|
IV 34%
Δ 0.66
θ -1.4
ν 2
|
1880 |
IV 29%
Δ -0.32
θ -0.9
ν 2
|
|
IV 33%
Δ 0.62
θ -1.4
ν 2
|
1900 S |
IV 29%
Δ -0.37
θ -0.9
ν 2
|
|
IV 32%
Δ 0.58
θ -1.4
ν 2
|
1920 MP |
IV 28%
Δ -0.42
θ -0.9
ν 2
|
|
IV 32%
Δ 0.53
θ -1.4
ν 2
|
1940 |
IV 28%
Δ -0.47
θ -0.9
ν 2
|
|
IV 32%
Δ 0.48
θ -1.4
ν 2
|
1960 |
IV 28%
Δ -0.52
θ -0.9
ν 2
|
|
IV 31%
Δ 0.44
θ -1.3
ν 2
|
1980 |
IV 28%
Δ -0.58
θ -0.8
ν 2
|
|
IV 31%
Δ 0.39
θ -1.3
ν 2
|
2000 R |
IV 27%
Δ -0.63
θ -0.8
ν 2
|
|
IV 31%
Δ 0.34
θ -1.2
ν 2
|
2020 |
IV 27%
Δ -0.68
θ -0.7
ν 2
|
|
IV 31%
Δ 0.30
θ -1.1
ν 2
|
2040 |
IV 27%
Δ -0.73
θ -0.6
ν 2
|
|
IV 31%
Δ 0.26
θ -1.1
ν 2
|
2060 |
IV 69%
Δ -0.58
θ -2.4
ν 2
|