The Federal Bank Limited Open Interest & PCR Analysis
OI Buildup Read
Neutral buildup indicates price unchanged with total OI steady, reflecting balanced addition and reduction across strikes. Neither long buildup nor short unwinding dominates, suggesting indecision amid range-bound action. Signal strength is weak, with no momentum alignment in open interest.
Put-Call Ratio Signal
PCR holds flat at 0.921, remaining below the 1.0 bullish threshold, indicating a slight tilt toward call dominance but not extreme. No change from prior day suggests persistent neutral-to-cautious sentiment without a contrarian trigger.
Futures Confirmation
Futures OI is zero with no change, showing no fresh positioning in the futures segment. Absence of futures follow-through fails to confirm any emerging bias from options, reinforcing stagnation.
Bias for Tomorrow
Neutral bias prevails; invalidation at ₹290.0 (below which bearish momentum resumes).
Data as of 2026-04-21