Indian Bank Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with unchanged open interest and flat price action. No fresh commitments suggest market participants await catalysts. Signal strength is weak, reflecting consolidation within the current range.
Put-Call Ratio Signal
PCR holds steady at 0.476, deep below the 0.7 threshold, indicating extreme call dominance and potential bearish contrarian sentiment. Lack of change from prior day reinforces complacency among options sellers.
Futures Confirmation
Futures OI remains absent, with zero participation, failing to validate any directional momentum from options activity. This absence undermines potential bullish or bearish conviction in spot or derivatives.
Bias for Tomorrow
Bearish bias dominates due to excessive call writing and lack of futures support, invalidation above ₹945.00.
Data as of 2026-04-21