ICICI Bank Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup dominates as spot holds flat and total open interest remains unchanged. Neither long buildup nor short unwinding is evident, reflecting balanced positioning amid range-bound action. Signal strength is weak, suggesting indecision at current levels.
Put-Call Ratio Signal
PCR holds steady at 0.83, within neutral territory—below the bullish contrarian threshold (>1) but above bearish extreme levels (<0.7). No shift from the prior day indicates sustained equilibrium between put and call writing.
Futures Confirmation
Futures OI is zero with no change, indicating no fresh directional commitment from the futures market. Absent futures participation, options activity lacks follow-through confirmation.
Bias for Tomorrow
Neutral bias prevails; invalidation occurs below 1370 or above 1405.
Data as of 2026-04-21