NMDC Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with 0% total OI change and spot price flat at ₹88.24, indicating balanced market commitment. Neither long buildup nor short unwinding is evident, suggesting traders are not aggressively positioning. Signal strength is weak, reflecting indecision amid range-bound price action.
Put-Call Ratio Signal
PCR holds steady at 0.703, remaining below the bearish contrarian threshold of 0.7, signaling excessive call dominance. No shift from the prior day reinforces persistent bullish overreach in options sentiment.
Futures Confirmation
Futures OI is zero with no open positions, eliminating any directional confirmation from the futures segment. The absence of futures participation undermines the options-driven call bias, leaving the structure uncorroborated.
Bias for Tomorrow
Bearish bias for tomorrow with invalidation at ₹89.50.
Data as of 2026-04-21