ITC Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with spot unchanged and total OI static at 150.05 crore contracts. Price stagnation paired with zero OI change indicates equilibrium between longs and shorts. The signal lacks conviction, reflecting indecision in near-term directional momentum.
Put-Call Ratio Signal
PCR holds steady at 0.506, remaining deep below the 0.7 bearish contrarian threshold, signaling persistent put dominance. No shift from prior day underscores entrenched bearish sentiment among options sellers.
Futures Confirmation
Futures OI is flat at zero, offering no confirmation of bulls or bears gaining traction. Absence of futures participation weakens any potential continuation signal from options activity.
Bias for Tomorrow
Bearish bias holds with downside pressure likely; invalidation at ₹312.5 breaks near-term negative structure.
Data as of 2026-04-21