Nestle India Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup dominates with no change in total open interest amid flat spot price action. This suggests balanced commitment between long and short positions, reflecting market indecision. The signal strength is low, indicating absence of fresh directional momentum.
Put-Call Ratio Signal
PCR holds steady at 0.465, deep below the 0.7 threshold, signaling bearish contrarian sentiment among options traders. The unchanged ratio from the prior day confirms persistent put dominance without intensification.
Futures Confirmation
Futures open interest remains unchanged at zero, showing no participation from directional futures traders. This lack of futures positioning fails to validate any emerging bias in options, leaving the structure unconfirmed.
Bias for Tomorrow
Bearish bias prevails due to put-heavy positioning and absence of long buildup; invalidation occurs above ₹1320.
Data as of 2026-04-21