Nuvama Wealth Management Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup prevails with spot unchanged and total OI static, indicating balanced positioning. Neither fresh longs nor shorts are entering aggressively, reflecting market indecision. The signal strength is weak, suggesting consolidation ahead.
Put-Call Ratio Signal
PCR holds flat at 0.795, remaining below the 0.7 bearish contrarian threshold, signaling persistent put dominance. No shift from the prior day reinforces ongoing hedging pressure in options.
Futures Confirmation
Futures OI is zero with no change, failing to corroborate any directional momentum from options. The absence of futures participation weakens the conviction behind current option positioning.
Bias for Tomorrow
Bearish bias into tomorrow, invalidated above ₹1400.
Data as of 2026-04-21