Indian Renewable Energy Development Agency Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup dominates as price remains flat and total open interest shows no change, indicating balanced accumulation and distribution. Neither long nor short pressure is intensifying, reflecting market indecision ahead of key events or data. Signal strength is weak, with options activity in equilibrium.
Put-Call Ratio Signal
PCR holds steady at 0.764, remaining below the 0.7 bearish contrarian threshold, signaling persistent put dominance and elevated bearish sentiment. The unchanged ratio from the prior day suggests no shift in bias, reinforcing caution among traders.
Futures Confirmation
Futures OI is zero with no fresh positioning, confirming absence of directional conviction in the futures segment. This lack of participation negates any potential reinforcement from spot-futures alignment.
Bias for Tomorrow
Downside bias prevails with bears in control; a break above ₹130.00 invalidates the bearish setup.
Data as of 2026-04-21