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MFSL Max Financial Services Ltd. — Smart-Money Activity, F&O Buildup & Bulk Deals

Sector: Financial Services
₹ 1,577.50
-1.66%

Smart Money Verdict synthesis of derivatives, deals, and promoter files

Derivatives signal Long Unwinding
Longs are exiting (OI down -1.0%) as price declines (-2.0%), indicating lack of holding support.

Analysis what the data is telling us about MFSL

In the last completed session, Max Financial Services Ltd. closed -2.04% with futures open interest moving -1.0%. That combination — price falling while OI shrinks — is classified as Long Unwinding. Existing longs are exiting rather than new shorts being added; the move down lacks the conviction of fresh selling. The stock's option PCR sits at 0.66, indicating heavy call-side writing — option dealers see resistance overhead. Max-pain strike at ₹1,640 sits 4.0% above 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 Max Financial Services Ltd. over the last 30 sessions.

Putting it together, the smart-money picture for Max Financial Services Ltd. points to a softer setup at the next open.

F&O Positioning EOD derivatives setup

Buildup Class
Long Unwinding
bias: bearish
Futures OI
10,353,200
-106400 (-1.0%)
Option PCR (OI)
0.66
neutral option setup
Max Pain Strike
₹ 1,640
writer loss minimized strike

Quote Details key metrics & weights

Previous Close
₹ 1,604.20
yesterday's EOD close
Index Contribution
not a Nifty 50 constituent
Traded Volume
254,507
live shares traded today
Upcoming Earnings
no report scheduled

Technical Snapshot from 400 sessions of price history

RSI (14)
42.0
neutral momentum
52-Week High
₹ 1,892.50
-16.6% from high
52-Week Low
₹ 1,433.60
+10.0% above low
200-DMA
₹ 1,646.43
-4.2% · below trend
50-DMA
₹ 1,618.23
-2.5% from 50-DMA
1-Year Return
+4.2%
1M -7.2%

Key Fundamentals headline ratios · Financial Services

P/E (TTM)
654.6
price / earnings
P/B
19.8
price / book
ROE
1.6%
return on equity
Market Cap
₹ 54,179 Cr
total market value
Dividend Yield
trailing yield
EPS (TTM)
₹ 2.41
earnings per share

Fundamental ratios sourced from public market data, refreshed periodically; verify against company filings before relying on them.

Institutional Deals last 30 sessions (bulk & block)

No institutional bulk or block deals recorded for this stock in the last 30 sessions.

Insider & Promoter Filings last 60 days

No insider disclosures filed for this stock in the last 60 days.

Option Chain Ladder nearest expiry 2026-06-30 · spot 1,578 · EOD 2026-06-08

Option writers expect range between 1,600 and 1,700+7.8% upside, +1.4% downside.
unbalanced
Call OI (writers) Strike Put OI (writers)
0
IV 79% Δ 0.70 θ -2.6 ν 1
1460
28,800 +0k
IV 31% Δ -0.13 θ -0.5 ν 1
800
IV 21% Δ 0.91 θ -0.5 ν 1
1480
14,000
IV 27% Δ -0.14 θ -0.5 ν 1
400
IV 87% Δ 0.64 θ -3.0 ν 1
1500
59,600 +2k
IV 29% Δ -0.22 θ -0.7 ν 1
0
IV 35% Δ 0.70 θ -1.3 ν 1
1520
400
IV 19% Δ -0.18 θ -0.4 ν 1
7,600 +0k
IV 32% Δ 0.65 θ -1.2 ν 1
1540
42,800 -2k
IV 28% Δ -0.33 θ -0.8 ν 1
17,600 -1k
IV 33% Δ 0.59 θ -1.3 ν 2
1560
28,000 -1k
IV 29% Δ -0.40 θ -0.8 ν 2
29,600 +3k
IV 29% Δ 0.53 θ -1.2 ν 2
1580
29,200 +0k
IV 28% Δ -0.47 θ -0.8 ν 2
66,000 +4k
IV 29% Δ 0.46 θ -1.1 ν 2
1600 S
144,400 -8k
IV 29% Δ -0.54 θ -0.8 ν 2
33,200 -4k
IV 28% Δ 0.38 θ -1.1 ν 1
1620
18,000 -1k
IV 26% Δ -0.63 θ -0.7 ν 1
32,800 +6k
IV 29% Δ 0.32 θ -1.0 ν 1
1640 MP
30,000
IV 26% Δ -0.70 θ -0.6 ν 1
18,800 -2k
IV 28% Δ 0.26 θ -0.9 ν 1
1660
15,600
IV 37% Δ -0.68 θ -0.9 ν 1
42,800 +4k
IV 30% Δ 0.22 θ -0.8 ν 1
1680
18,400
166,400
IV 30% Δ 0.18 θ -0.7 ν 1
1700 R
77,200 +1k
IV 22% Δ -0.90 θ -0.1 ν 1

Chain Interpretation

Spot Underlying 1,577.50
Key Resistance (R) 1,700
Key Support (S) 1,600
Max Pain Strike (MP) 1,640
Concentrations of Option open interest show strong barrier levels. Option writers defend these levels, especially heading into monthly derivatives expiry.

Strategy Builder multi-leg payoff for MFSL options · 2026-06-30 expiry

Underlying: MFSL · Spot: ₹ 1,577.50 · Expiry: 2026-06-30 · Lot: 400

Legs

Side
Type
Strike
Qty
Premium
Net premium
Max profit
Max loss
Breakevens
Position Delta
Position Theta/day
Position Vega/1% IV

Payoff at expiry

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