Dr. Reddy's Laboratories Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with spot unchanged and total OI static, indicating balanced positioning. Neither fresh longs nor shorts are accumulating, reflecting market indecision ahead of key expiry. Signal strength is weak, lacking directional catalysts.
Put-Call Ratio Signal
PCR holds steady at 0.644, below the 0.7 bearish contrarian threshold, suggesting entrenched bearishness among options traders. No shift from yesterday’s extreme bearsish PCR signals persistent downside bias in sentiment.
Futures Confirmation
Futures OI is zero with no open positions, removing any directional confirmation from the futures segment. Lack of futures participation weakens the conviction behind options-based sentiment.
Bias for Tomorrow
Bearish bias persists due to low PCR and absence of bullish buildup; invalidation occurs above ₹1,250.
Data as of 2026-04-21