Tube Investments of India Limited Open Interest & PCR Analysis

OI Buildup Pattern

The open‑interest (OI) for the current expiry remains unchanged at 3,95,800 contracts, while the price is flat at ₹2,135. With both price and OI static, the market does not exhibit a classic long‑buildup (price ↑ + OI ↑) or short‑buildup (price ↓ + OI ↑) signature. Instead, the neutral OI movement suggests that existing positions are being held rather than aggressively added or unwound. This equilibrium aligns with the “neutral” buildup label, indicating an absence of decisive directional pressure from either side of the market.

Put‑Call Ratio

The put‑call ratio (PCR) stands at 0.572 for the day, marginally higher than yesterday’s 0.501. The increase reflects a modest rise in put volume relative to call volume, though the ratio remains below 1, implying that call contracts still dominate overall activity. The day‑over‑day shift is modest, signalling only a slight tilt toward bearish sentiment without a pronounced change in market tone.

Futures OI

Futures open interest registers a net change of zero, indicating no net addition or reduction in contract holdings for the expiry. Such a flat futures OI profile typically points to a balanced stance among participants, with neither new speculative inflows nor significant unwinding of existing positions taking place.

Data Summary

The key OI figure for this expiry is a steady total open interest of 3,95,800 contracts, mirroring an unchanged market positioning environment.