Mazagon Dock Shipbuilders Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup with unchanged open interest and flat price action indicates balanced positioning. Neither long buildup nor short buildup is occurring, reflecting indecision. Signal strength is weak, suggesting range-bound trading ahead.
Put-Call Ratio Signal
PCR holds at 0.73, below the 0.7 threshold indicating bearish contrarian sentiment. No shift from prior day suggests persistent put-side dominance without acceleration.
Futures Confirmation
Futures open interest is zero with no change, failing to confirm any directional bias from options. Lack of futures participation undermines both bullish and bearish momentum expectations.
Bias for Tomorrow
Sideways bias prevails below ₹2675 invalidation, with breakout potential only on close above.
Data as of 2026-04-21