Tech Mahindra Limited Open Interest & PCR Analysis

OI Buildup Pattern

The spot price remains unchanged at ₹1776.6 while total open interest is flat, indicating a neutral buildup for this expiry and the market seems in a pattern. Open interest for call options stands at 42,84,600 contracts, while put open interest totals 38,70,000, showing a modest call‑side premium but overall equilibrium. This may persist unless catalysts intervene, and the PCR of 0.903, up from yesterday’s 0.86, reflects a slight shift toward call dominance, though the ratio remains below one, suggesting mild bullish bias.

Put-Call Ratio

The PCR of 0.903, up from yesterday’s 0.86, reflects a slight shift toward call dominance, though the ratio remains below one, suggesting mild bullish bias. This tilt may precede buying pressure.

Futures OI

Futures open interest shows no change, remaining at zero for both long and short contracts, implying that speculative positioning is currently dormant and investors therefore monitor corporate earnings releases for sentiment shifts. The absence of new futures OI suggests that hedgers have not adjusted exposure, and any directional move will likely be reflected first in the cash market.

Data Summary

Overall, the unchanged spot price paired with flat total OI underscores a neutral positioning stance for this expiry as neither side gains clear advantage.