Eicher Motors Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup dominates with spot flat at ₹7286.5 and total OI unchanged, indicating balanced participation. Neither fresh longs nor shorts are accumulating, reflecting market indecision near current levels. Signal strength is weak, with no momentum shift observed in options activity.
Put-Call Ratio Signal
PCR holds steady at 0.807, remaining below the 0.7 bearish contrarian threshold, suggesting persistent put dominance but no extreme sentiment. No change from yesterday’s reading confirms sustained cautious bias without intensification.
Futures Confirmation
Futures OI is flat at zero net change, confirming absence of directional commitment from large participants. Lack of futures backing negates any潜在 bias from options, reinforcing range-bound expectations.
Bias for Tomorrow
Neutral bias prevails; invalidation at ₹7200 (breakdown) or ₹7350 (breakout).
Data as of 2026-04-21