NBCC (India) Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with spot flat at ₹93.61 and total OI unchanged. Neither fresh longs nor shorts are accumulating, indicating market indecision. Signal strength is weak, reflecting range-bound expectations ahead of 2026-04-21 expiry.
Put-Call Ratio Signal
PCR holds steady at 0.662, remaining below the 0.7 threshold, signaling bearish contrarian sentiment. No shift from prior day, confirming persistent put dominance without acceleration.
Futures Confirmation
Futures OI is zero with no open positions, leaving no directional backing from the futures segment. Absence of futures participation weakens any potential options-driven bias.
Bias for Tomorrow
Bearish bias persists due to low PCR and lack of long buildup; invalidation occurs above ₹95.50.
Data as of 2026-04-21