Kotak Mahindra Bank Limited Open Interest & PCR Analysis
OI Buildup Read
The buildup is neutral, with spot unchanged and total open interest holding flat, indicating balanced participation. Neither fresh longs nor shorts are accumulating, reflecting market indecision ahead of expiry. Signal strength is weak due to lack of price-OI momentum.
Put-Call Ratio Signal
PCR stands at 0.975, within the neutral zone—below the 1.0 bullish threshold but above the 0.7 bearish level, suggesting no strong contrarian signal. No change from the prior day’s ratio indicates persistent equilibrium between put and call positioning.
Futures Confirmation
Futures open interest is unchanged at zero net addition, confirming absence of directional conviction. Lack of futures buildup fails to validate any emerging bias from options, reinforcing indecision.
Bias for Tomorrow
Bias remains neutral; invalidation occurs above ₹385 (bullish) or below ₹375 (bearish).
Data as of 2026-04-21