What is Put-Call Ratio (PCR) and how do I interpret it?

PCR is the ratio of total Put Open Interest to Call Open Interest. High PCR (>1.2) indicates bullish sentiment as more puts provide support. Low PCR (<0.8) indicates bearish sentiment as more calls provide resistance. Neutral PCR (0.8-1.2) shows balanced market sentiment.

What is COI PCR and how is it different from regular PCR?

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change. Unlike regular PCR which uses total accumulated OI, COI PCR uses only today's changes, making it more responsive and valuable for intraday traders.

What is COI Strength and how do I use it?

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|). This normalized indicator measures directional bias on a scale from -1 to +1. Values > 0.3 indicate bullish sentiment, < -0.3 indicate bearish sentiment, and -0.3 to 0.3 indicate neutral activity.

How often does PCR data update?

PCR data updates based on the selected interval. 1 Minute interval provides real-time intraday tracking with updates every minute during market hours. 1 Day interval shows end-of-day PCR values for historical analysis.

What do negative PCR values mean?

Negative PCR occurs when Call OI Change is negative while Put OI is also negative, or vice versa. Common scenarios include: PE > 0 and CE 0 (strong bearish), or both negative (neutral, low conviction). Use COI Strength for clearer signals in these cases.

How do I use PCR with price action?

Combine PCR with price for better signals. Use divergence trading when price and PCR move opposite. Look for confirmation when price and PCR align. Watch for extreme COI Strength values at support/resistance for reversal signals. Monitor sudden COI Strength shifts as they often precede intraday trend changes.

CGPOWER

Q: What is COI PCR and how is it different from regular PCR?

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change. Unlike regular PCR which uses total accumulated OI, COI PCR uses only today's changes, making it more responsive and valuable for intraday traders.

Q: What is COI Strength and how do I use it?

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|). This normalized indicator measures directional bias on a scale from -1 to +1. Values > 0.3 indicate bullish sentiment, < -0.3 indicate bearish sentiment, and -0.3 to 0.3 indicate neutral activity.

Q: How often does PCR data update?

PCR data updates based on the selected interval. 1 Minute interval provides real-time intraday tracking with updates every minute during market hours. 1 Day interval shows end-of-day PCR values for historical analysis.

Q: What do negative PCR values mean?

Negative PCR occurs when Call OI Change is negative while Put OI is also negative, or vice versa. Common scenarios include: PE > 0 and CE 0 (strong bearish), or both negative (neutral, low conviction). Use COI Strength for clearer signals in these cases.

Cg Power And Ind Sol Ltd

662.1 -3.80 (-0.57%)

L: 657.5 H: 666.6

Put-Call Ratio - CGPOWER

15 Dec 2025 11:18 AM IST

Live

Expiry

Put OI

3,845

Call OI

8,654

PCR

0.44

Put OI Chg

43

Call OI Chg

125

COI PCR

0.34

COI Strength

-0.49

Interval

On 9:30 CGPOWER was trading at 661.4 with pcr value 0.38

On 9:45 CGPOWER was trading at 660.25 with pcr value 0.39

On 10:00 CGPOWER was trading at 659.8 with pcr value 0.43

On 10:15 CGPOWER was trading at 661.4 with pcr value 0.41

On 10:30 CGPOWER was trading at 663.5 with pcr value 0.4

On 10:45 CGPOWER was trading at 660.35 with pcr value 0.49

On 11:00 CGPOWER was trading at 660.5 with pcr value 0.5

On 11:15 CGPOWER was trading at 662.05 with pcr value 0.45

On 11:19 CGPOWER was trading at 662.1 with pcr value 0.44

Put-Call-Ratio Table

PCR Table Expiry

Note:- click on symbol to see more detailed view

	PCR OI			COI PCR
Symbol	Put	Call	Ratio	Put	Call	Ratio
360ONE	2,293	3,371	0.68	833	575	1.45
ABB	4,253	6,909	0.62	-57	404	-0.14
ABCAPITAL	4,554	6,960	0.65	-351	-70	5.01
ADANIENSOL	3,276	5,312	0.62	373	317	1.18
ADANIENT	24,398	42,903	0.57	-259	911	-0.28
ADANIGREEN	11,398	19,339	0.59	116	216	0.54
ADANIPORTS	8,385	16,662	0.50	-102	506	-0.20
ALKEM	553	1,166	0.47	-2	0	0.00
AMBER	6,608	12,758	0.52	187	1,451	0.13
AMBUJACEM	8,866	10,474	0.85	246	-146	-1.68
ANGELONE	7,332	17,298	0.42	-8	473	-0.02
APLAPOLLO	1,762	2,624	0.67	26	100	0.26
APOLLOHOSP	6,355	14,887	0.43	87	710	0.12
ASHOKLEY	10,061	11,091	0.91	351	-60	-5.85
ASIANPAINT	16,763	32,170	0.52	109	50	2.18
ASTRAL	3,247	7,040	0.46	28	22	1.27
AUBANK	6,290	7,773	0.81	22	134	0.16
AUROPHARMA	4,056	10,098	0.40	78	171	0.46
AXISBANK	12,048	27,572	0.44	-10	409	-0.02
BAJAJ-AUTO	12,928	28,216	0.46	179	2,212	0.08
BAJAJFINSV	9,271	16,105	0.58	-10	96	-0.10
BAJFINANCE	21,204	37,554	0.56	-50	929	-0.05
BANDHANBNK	4,940	10,990	0.45	-32	-79	0.41
BANKBARODA	11,870	15,865	0.75	238	583	0.41
BANKINDIA	2,019	4,063	0.50	5	-16	-0.31
BDL	7,166	17,324	0.41	93	576	0.16
BEL	25,801	59,373	0.43	457	2,023	0.23
BHARATFORG	4,089	7,010	0.58	238	1,085	0.22
BHARTIARTL	17,912	40,502	0.44	205	749	0.27
BHEL	8,510	17,398	0.49	-213	1,041	-0.20
BIOCON	5,648	12,764	0.44	8	503	0.02
BLUESTARCO	1,118	1,768	0.63	177	605	0.29
BOSCHLTD	1,163	2,740	0.42	7	104	0.07
BPCL	5,462	7,463	0.73	267	850	0.31
BRITANNIA	5,302	7,781	0.68	811	1,109	0.73
BSE	16,482	29,577	0.56	-99	1,243	-0.08
CAMS	3,156	7,092	0.45	20	7	2.86
CANBK	9,528	15,689	0.61	61	395	0.15
CDSL	8,768	20,888	0.42	13	722	0.02
CGPOWER	3,845	8,654	0.44	43	125	0.34
CHOLAFIN	3,315	5,534	0.60	38	590	0.06
CIPLA	8,518	13,347	0.64	15	16	0.94
COALINDIA	10,169	11,356	0.90	211	98	2.15
COFORGE	7,757	22,207	0.35	-73	219	-0.33
COLPAL	4,884	9,076	0.54	-78	285	-0.27
CONCOR	5,541	8,974	0.62	81	195	0.42
CROMPTON	5,016	11,144	0.45	-43	87	-0.49
CUMMINSIND	3,065	4,377	0.70	-190	225	-0.84
CYIENT	1,623	2,696	0.60	-14	134	-0.10
DABUR	4,842	9,292	0.52	75	161	0.47
DALBHARAT	2,991	3,160	0.95	70	-576	-0.12
DELHIVERY	3,706	4,947	0.75	-3	119	-0.03
DIVISLAB	6,126	8,287	0.74	8	11	0.73
DIXON	33,944	63,772	0.53	613	-1,611	-0.38
DLF	14,609	25,771	0.57	120	643	0.19
DMART	5,889	12,534	0.47	-101	138	-0.73
DRREDDY	5,268	10,051	0.52	169	176	0.96
EICHERMOT	9,197	15,236	0.60	-162	1,376	-0.12
ETERNAL	17,082	28,314	0.60	-568	174	-3.26
EXIDEIND	3,376	5,322	0.63	101	240	0.42
FEDERALBNK	8,138	7,698	1.06	617	158	3.91
FORTIS	2,883	9,152	0.32	52	321	0.16
GAIL	10,614	20,058	0.53	86	586	0.15
GLENMARK	6,846	10,156	0.67	-24	-42	0.57
GMRAIRPORT	10,844	18,027	0.60	946	1,067	0.89
GODREJCP	2,651	3,795	0.70	-21	-89	0.24
GODREJPROP	4,389	9,319	0.47	-14	66	-0.21
GRASIM	8,423	8,357	1.01	158	57	2.77
HAL	25,248	54,030	0.47	-121	631	-0.19
HAVELLS	3,159	4,096	0.77	-52	-30	1.73
HCLTECH	9,843	19,421	0.51	197	869	0.23
HDFCAMC	3,722	4,606	0.81	25	184	0.14
HDFCBANK	40,365	62,280	0.65	-608	3,676	-0.17
HDFCLIFE	7,067	17,376	0.41	-32	1,380	-0.02
HEROMOTOCO	12,011	18,130	0.66	186	1,182	0.16
HFCL	3,330	11,248	0.30	-11	151	-0.07
HINDALCO	17,329	21,104	0.82	-428	627	-0.68
HINDPETRO	4,027	6,392	0.63	-36	230	-0.16
HINDUNILVR	11,122	22,495	0.49	519	-425	-1.22
HINDZINC	25,006	35,817	0.70	1,107	6,518	0.17
HUDCO	4,602	13,504	0.34	-4	745	-0.01
ICICIBANK	29,492	48,857	0.60	294	1,431	0.21
ICICIGI	2,522	4,510	0.56	-114	118	-0.97
ICICIPRULI	1,936	4,425	0.44	-25	-212	0.12
IDEA	15,236	26,048	0.58	80	1,160	0.07
IDFCFIRSTB	9,032	12,817	0.70	274	-112	-2.45
IEX	7,251	11,473	0.63	-50	-31	1.61
IIFL	2,168	3,828	0.57	-24	173	-0.14
INDHOTEL	3,516	7,908	0.44	109	96	1.13
INDIANB	3,324	10,500	0.32	84	574	0.15
INDIGO	51,513	1,13,648	0.45	2,070	-4,522	-0.46
INDUSINDBK	10,822	18,107	0.60	6	284	0.02
INDUSTOWER	8,285	15,777	0.53	385	3,127	0.12
INFY	38,265	61,061	0.63	1,168	829	1.41
INOXWIND	5,858	13,594	0.43	39	138	0.28
IOC	6,050	11,137	0.54	-44	317	-0.14
IRCTC	5,294	10,733	0.49	58	250	0.23
IREDA	3,914	9,534	0.41	-5	41	-0.12
IRFC	3,108	8,692	0.36	-1	143	-0.01
ITC	24,093	34,264	0.70	363	81	4.48
JINDALSTEL	4,309	7,423	0.58	21	416	0.05
JIOFIN	15,000	24,746	0.61	-61	585	-0.10
JSWENERGY	10,362	15,943	0.65	977	682	1.43
JSWSTEEL	13,411	24,728	0.54	58	548	0.11
JUBLFOOD	6,491	7,737	0.84	7	334	0.02
KALYANKJIL	4,468	8,553	0.52	-84	-50	1.68
KAYNES	28,875	73,791	0.39	1,476	185	7.98
KEI	2,024	3,267	0.62	511	441	1.16
KFINTECH	3,361	6,414	0.52	41	382	0.11
KOTAKBANK	17,255	21,283	0.81	-1,210	48	-25.21
KPITTECH	2,411	4,727	0.51	-8	262	-0.03
LAURUSLABS	4,960	9,040	0.55	-249	443	-0.56
LICHSGFIN	5,975	9,527	0.63	10	589	0.02
LICI	5,891	11,301	0.52	-129	311	-0.41
LODHA	2,496	9,596	0.26	-7	281	-0.02
LT	16,257	31,986	0.51	-159	-356	0.45
LTF	4,584	7,616	0.60	47	208	0.23
LTIM	3,610	5,087	0.71	-69	-158	0.44
LUPIN	4,976	6,302	0.79	-85	248	-0.34
M&M	15,328	30,713	0.50	944	3,395	0.28
MANAPPURAM	3,464	4,983	0.70	86	71	1.21
MANKIND	1,995	4,552	0.44	100	225	0.44
MARICO	2,602	4,136	0.63	167	732	0.23
MARUTI	32,577	31,139	1.05	-989	171	-5.78
MAXHEALTH	4,512	10,473	0.43	93	336	0.28
MAZDOCK	7,117	21,158	0.34	98	616	0.16
MCX	14,678	22,453	0.65	367	596	0.62
MFSL	2,126	3,791	0.56	-26	64	-0.41
MOTHERSON	6,663	9,025	0.74	-38	110	-0.35
MPHASIS	3,283	4,628	0.71	132	182	0.73
MUTHOOTFIN	6,044	10,663	0.57	450	460	0.98
NATIONALUM	6,686	7,729	0.87	85	139	0.61
NAUKRI	5,195	7,142	0.73	87	256	0.34
NBCC	3,390	7,232	0.47	239	462	0.52
NCC	3,016	7,462	0.40	33	229	0.14
NESTLEIND	3,735	13,532	0.28	73	-189	-0.39
NHPC	2,125	6,330	0.34	-10	158	-0.06
NMDC	8,239	12,459	0.66	14	380	0.04
NTPC	10,926	21,045	0.52	-391	94	-4.17
NUVAMA	2,089	4,061	0.51	28	63	0.44
NYKAA	2,239	6,084	0.37	-23	246	-0.09
OBEROIRLTY	2,984	5,372	0.56	-10	28	-0.36
OFSS	8,192	8,816	0.93	-249	33	-7.55
OIL	1,813	3,862	0.47	-41	-27	1.52
ONGC	11,442	26,007	0.44	3,555	2,551	1.39
PAGEIND	2,938	6,782	0.43	35	384	0.09
PATANJALI	2,695	7,840	0.34	-106	60	-1.77
PAYTM	7,444	11,906	0.63	-338	578	-0.58
PERSISTENT	6,496	9,680	0.67	274	923	0.30
PETRONET	4,978	7,840	0.63	20	192	0.10
PFC	16,412	33,017	0.50	342	1,202	0.28
PGEL	7,768	11,928	0.65	-121	261	-0.46
PHOENIXLTD	977	2,281	0.43	46	190	0.24
PIDILITIND	1,740	2,240	0.78	53	-39	-1.36
PIIND	2,886	4,877	0.59	32	-108	-0.30
PNB	9,718	21,809	0.45	-39	445	-0.09
PNBHOUSING	6,542	12,970	0.50	628	2,049	0.31
POLICYBZR	4,568	6,641	0.69	-119	332	-0.36
POLYCAB	3,993	5,520	0.72	97	50	1.94
POWERGRID	9,264	15,746	0.59	94	648	0.15
POWERINDIA	3,921	10,901	0.36	-375	314	-1.19
PPLPHARMA	1,778	6,085	0.29	-86	350	-0.25
PRESTIGE	1,831	3,391	0.54	69	57	1.21
RBLBANK	4,619	7,370	0.63	1	222	0.00
RECLTD	19,850	33,648	0.59	649	2,001	0.32
RELIANCE	47,765	92,683	0.52	-150	1,488	-0.10
RVNL	5,462	11,609	0.47	-22	128	-0.17
SAIL	4,541	9,023	0.50	31	226	0.14
SAMMAANCAP	5,705	10,511	0.54	-49	1,719	-0.03
SBICARD	3,917	6,850	0.57	-9	218	-0.04
SBILIFE	3,968	11,052	0.36	-209	-118	1.77
SBIN	37,087	66,592	0.56	787	802	0.98
SHREECEM	1,076	2,607	0.41	22	124	0.18
SHRIRAMFIN	12,203	18,439	0.66	236	880	0.27
SIEMENS	9,985	18,223	0.55	111	-218	-0.51
SOLARINDS	3,256	9,646	0.34	20	518	0.04
SONACOMS	2,033	4,916	0.41	33	174	0.19
SRF	6,406	8,628	0.74	-238	-14	17.00
SUNPHARMA	5,727	18,768	0.31	-285	-358	0.79
SUPREMEIND	2,730	7,471	0.37	85	212	0.40
SUZLON	9,042	22,902	0.39	232	492	0.47
SYNGENE	1,249	2,142	0.58	47	123	0.38
TATACONSUM	4,476	9,796	0.46	266	705	0.38
TATAELXSI	5,401	13,945	0.39	246	-429	-0.57
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	15,455	25,291	0.61	-185	549	-0.34
TATASTEEL	16,740	27,286	0.61	43	325	0.13
TATATECH	3,916	6,893	0.57	41	141	0.29
TCS	36,430	48,525	0.75	1,153	1,730	0.67
TECHM	5,779	8,743	0.66	-52	389	-0.13
TIINDIA	3,194	6,996	0.46	166	219	0.76
TITAGARH	1,900	5,070	0.37	-35	96	-0.36
TITAN	10,049	18,505	0.54	-313	616	-0.51
TMPV	37,751	89,290	0.42	388	5,370	0.07
TORNTPHARM	596	2,287	0.26	-17	76	-0.22
TORNTPOWER	1,738	1,841	0.94	-11	-16	0.69
TRENT	24,714	48,989	0.50	706	378	1.87
TVSMOTOR	6,264	9,624	0.65	-48	249	-0.19
ULTRACEMCO	11,443	16,479	0.69	509	920	0.55
UNIONBANK	4,429	8,199	0.54	-30	-17	1.76
UNITDSPR	4,893	7,037	0.70	71	84	0.85
UNOMINDA	2,034	4,185	0.49	21	43	0.49
UPL	3,202	5,059	0.63	-28	54	-0.52
VBL	8,306	20,730	0.40	108	603	0.18
VEDL	26,351	32,028	0.82	-656	548	-1.20
VOLTAS	5,375	7,122	0.75	-15	-52	0.29
WIPRO	10,090	13,792	0.73	145	238	0.61
YESBANK	5,976	12,962	0.46	20	271	0.07
ZYDUSLIFE	2,546	4,027	0.63	15	63	0.24

Understanding PCR & COI Metrics

PCR (Put-Call Ratio)

PCR = Put OI / Call OI

> 1.2

Bullish

More puts than calls, potential support

0.8 - 1.2

Neutral

Balanced market sentiment

< 0.8

Bearish

More calls than puts, potential resistance

COI Strength

COI Strength = (PE COI - CE COI) / (|PE| + |CE|)

> 0.3

Bullish

Strong put buildup dominance

-0.3 to 0.3

Neutral

Balanced intraday activity

< -0.3

Bearish

Strong call buildup dominance

Frequently Asked Questions

PCR is the ratio of total Put Open Interest to Call Open Interest. It's a contrarian indicator of market sentiment:

High PCR (>1.2): More traders are holding puts, expecting a decline. However, this often acts as support (bullish) as market makers hedge by buying the underlying.
Low PCR (<0.8): More traders are holding calls, expecting a rise. This often acts as resistance (bearish) as market makers hedge by selling the underlying.
Neutral PCR (0.8-1.2): Balanced sentiment with no strong directional bias.

Remember: PCR is contrarian - extreme readings often signal reversals rather than continuation.

COI PCR (Change in OI PCR) measures the ratio of intraday Put OI change to Call OI change, making it more responsive than total OI PCR.

Key Differences:

Regular PCR: Uses total accumulated Open Interest. Shows overall market positioning but changes slowly.
COI PCR: Uses only today's OI changes. Captures fresh positioning and provides timely intraday signals.

Use Case: COI PCR helps identify intraday sentiment shifts before they reflect in total PCR, making it valuable for day traders and short-term positions.

COI Strength = (PE COI - CE COI) / (|PE COI| + |CE COI|)

This normalized indicator measures the directional bias of intraday Open Interest changes on a scale from -1 to +1:

> 0.3 (Bullish): Put side dominance - fresh put writing or buying suggests bullish positioning.
-0.3 to 0.3 (Neutral): Balanced activity on both sides - no clear directional conviction.
< -0.3 (Bearish): Call side dominance - fresh call writing or buying suggests bearish positioning.

Advantages over PCR:

Normalized scale (-1 to +1) makes comparison across symbols easier
Not affected by extreme ratios when one side is very small
Clearly shows which side has stronger intraday momentum

PCR data updates based on the selected interval:

1 Minute Interval: Updates every minute during market hours, providing real-time intraday tracking.
1 Day Interval: Shows end-of-day PCR values for historical analysis and trend identification.

Note: OI data comes from the exchange and may have a slight delay. Premium users get access to faster refresh rates and more granular intervals.

Negative PCR occurs when Call OI Change is negative (unwinding) while Put OI Change is also negative, or vice versa.

Common Scenarios:

PE > 0, CE < 0: Puts building, Calls unwinding → Strong bullish signal
PE < 0, CE > 0: Puts unwinding, Calls building → Strong bearish signal
Both negative: Both sides unwinding → Low conviction, neutral to ranging market

Tip: When PCR becomes negative or very large, use COI Strength instead - it handles these edge cases better and provides clearer directional signals.

Best Practices for Combining PCR with Price:

Divergence Trading: If price is falling but COI PCR shows put buildup (>1.2), it may signal a bounce. If price is rising but COI PCR shows call buildup (<0.8), it may signal resistance.
Confirmation: Use PCR to confirm price trends. Rising prices with increasing calls or falling prices with increasing puts suggests trend continuation.
Extremes: Very high COI Strength (>0.6 or <-0.6) combined with price at support/resistance can signal strong reversals.
Intraday Pivots: Watch for sudden COI Strength shifts (e.g., from +0.5 to -0.3) as they often precede intraday trend changes.

Remember: PCR is a sentiment indicator, not a timing tool. Always combine with technical analysis, support/resistance levels, and risk management.

Related Pages for CGPOWER

CGPOWER

360ONE

ABB

ABCAPITAL

ADANIENSOL

ADANIENT

ADANIGREEN

ADANIPORTS

ALKEM

AMBER

AMBUJACEM

ANGELONE

APLAPOLLO

APOLLOHOSP

ASHOKLEY

ASIANPAINT

ASTRAL

AUBANK

AUROPHARMA

AXISBANK

BAJAJ-AUTO

BAJAJFINSV

BAJFINANCE

BANDHANBNK

BANKBARODA

BANKEX

BANKINDIA

BANKNIFTY

BDL

BEL

BHARATFORG

BHARTIARTL

BHEL

BIOCON

BLUESTARCO

BOSCHLTD

BPCL

BRITANNIA

BSE

CAMS

CANBK

CDSL

CGPOWER

CHOLAFIN

CIPLA

COALINDIA

COFORGE

COLPAL

CONCOR

COPPER

CROMPTON

CRUDEOIL

CRUDEOILM

CUMMINSIND

CYIENT

DABUR

DALBHARAT

DELHIVERY

DIVISLAB

DIXON

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