Delhivery Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with spot flat at ₹473.75 and total OI unchanged, indicating balanced participation. Neither fresh longs nor shorts are accumulating, suggesting market indecision near current levels. Signal strength is weak, reflecting range-bound expectations.
Put-Call Ratio Signal
PCR holds steady at 0.444, deep below the 0.7 threshold, indicating strong put dominance and a bearish contrarian signal. No shift from the prior day reinforces sustained downside bias among options traders.
Futures Confirmation
Futures open interest is zero with no change, showing absence of directional futures positioning. This lacks confirmation of any strong institutional momentum behind the options structure.
Bias for Tomorrow
Bearish bias prevails due to PCR extremes and lack of bullish buildup; invalidation at ₹485.
Data as of 2026-04-21