Glenmark Pharmaceuticals Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with spot unchanged and total open interest static, indicating balanced positioning. Neither fresh longs nor shorts are accumulating, reflecting market indecision. The signal strength is weak, lacking momentum confirmation from price or volume.
Put-Call Ratio Signal
PCR holds firm at 0.591, remaining below the 0.7 threshold, signaling bearish contrarian sentiment. The ratio is unchanged from yesterday, confirming persistent put dominance without intensification.
Futures Confirmation
Futures open interest is zero with no price change, failing to confirm any directional bias from options. Absent futures participation, options activity lacks institutional backing.
Bias for Tomorrow
Bias is neutral; invalidation occurs above ₹2230 or below ₹2220.
Data as of 2026-04-21