Godfrey Phillips India Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with unchanged total open interest and stable spot price. No fresh positioning dominates, indicating market equilibrium between longs and shorts. Signal strength is weak, reflecting indecision at current levels.
Put-Call Ratio Signal
PCR holds steady at 0.388, well below the bearish contrarian threshold of 0.7, signaling extreme call dominance. Lack of change from prior day reinforces entrenched bullish sentiment without escalation.
Futures Confirmation
Futures open interest remains flat at zero, failing to confirm any directional momentum from options. Absence of futures participation undermines the sustainability of current call skew.
Bias for Tomorrow
Bias is neutral with bearish risk; a close below ₹2110 invalidates the sideways stance.
Data as of 2026-04-21