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.

CYIENT

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.

Cyient Limited

1151.3 -6.70 (-0.58%)

L: 1141 H: 1154.1

Put-Call Ratio - CYIENT

16 Dec 2025 11:07 AM IST

Live

Expiry

Put OI

1,988

Call OI

2,959

PCR

0.67

Put OI Chg

-3

Call OI Chg

37

COI PCR

-0.08

COI Strength

-1.00

Interval

On 9:30 CYIENT was trading at 1142.9 with pcr value 0.68

On 9:45 CYIENT was trading at 1148.6 with pcr value 0.68

On 10:00 CYIENT was trading at 1147.1 with pcr value 0.67

On 10:15 CYIENT was trading at 1144.9 with pcr value 0.67

On 10:30 CYIENT was trading at 1143.9 with pcr value 0.67

On 10:45 CYIENT was trading at 1145.7 with pcr value 0.67

On 11:00 CYIENT was trading at 1145 with pcr value 0.67

On 11:08 CYIENT was trading at 1152.2 with pcr value 0.67

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	2,060	3,243	0.64	-15	-37	0.41
ABB	5,396	6,705	0.80	-95	10	-9.50
ABCAPITAL	4,875	7,587	0.64	-41	-170	0.24
ADANIENSOL	3,545	5,328	0.67	-122	-9	13.56
ADANIENT	26,638	44,381	0.60	-556	965	-0.58
ADANIGREEN	11,130	19,161	0.58	82	152	0.54
ADANIPORTS	9,226	17,889	0.52	27	265	0.10
ALKEM	1,228	1,720	0.71	62	2	31.00
AMBER	7,138	10,569	0.68	13	37	0.35
AMBUJACEM	8,806	10,629	0.83	-380	130	-2.92
ANGELONE	7,691	17,625	0.44	-37	132	-0.28
APLAPOLLO	2,444	2,868	0.85	-50	31	-1.61
APOLLOHOSP	7,771	15,855	0.49	214	803	0.27
ASHOKLEY	12,351	13,485	0.92	577	1,028	0.56
ASIANPAINT	17,488	34,122	0.51	139	-529	-0.26
ASTRAL	4,639	8,170	0.57	533	430	1.24
AUBANK	6,460	7,602	0.85	-174	-2	87.00
AUROPHARMA	4,446	10,254	0.43	-200	125	-1.60
AXISBANK	19,671	45,779	0.43	5,314	16,507	0.32
BAJAJ-AUTO	14,726	28,760	0.51	347	1,071	0.32
BAJAJFINSV	13,495	19,551	0.69	136	431	0.32
BAJFINANCE	22,694	39,078	0.58	164	977	0.17
BANDHANBNK	7,666	11,444	0.67	-2	-4	0.50
BANKBARODA	12,203	16,864	0.72	86	750	0.11
BANKINDIA	3,353	4,679	0.72	29	56	0.52
BDL	8,632	19,830	0.44	1,094	1,871	0.58
BEL	26,778	61,368	0.44	207	1,659	0.12
BHARATFORG	4,223	6,975	0.61	53	159	0.33
BHARTIARTL	20,126	41,397	0.49	1,261	806	1.56
BHEL	9,111	18,123	0.50	-45	599	-0.08
BIOCON	6,461	12,761	0.51	65	237	0.27
BLUESTARCO	1,338	1,784	0.75	-45	70	-0.64
BOSCHLTD	1,600	3,206	0.50	57	199	0.29
BPCL	5,668	8,880	0.64	38	822	0.05
BRITANNIA	7,222	9,358	0.77	1,405	1,722	0.82
BSE	18,196	37,218	0.49	109	3,476	0.03
CAMS	4,363	7,505	0.58	-25	87	-0.29
CANBK	12,136	15,972	0.76	100	344	0.29
CDSL	9,619	21,808	0.44	-2	193	-0.01
CGPOWER	4,739	8,915	0.53	-27	39	-0.69
CHOLAFIN	3,629	5,534	0.66	4	235	0.02
CIPLA	10,067	15,048	0.67	39	290	0.13
COALINDIA	12,488	13,401	0.93	-118	379	-0.31
COFORGE	8,822	21,269	0.41	140	-86	-1.63
COLPAL	6,430	10,270	0.63	4	838	0.00
CONCOR	7,716	10,009	0.77	14	167	0.08
CROMPTON	6,392	11,786	0.54	-8	72	-0.11
CUMMINSIND	3,617	4,476	0.81	93	90	1.03
CYIENT	1,988	2,959	0.67	-3	37	-0.08
DABUR	5,566	11,057	0.50	346	710	0.49
DALBHARAT	2,933	4,445	0.66	-176	156	-1.13
DELHIVERY	3,886	6,043	0.64	52	274	0.19
DIVISLAB	6,560	9,159	0.72	18	73	0.25
DIXON	37,142	62,835	0.59	-150	3,497	-0.04
DLF	16,754	26,125	0.64	91	440	0.21
DMART	7,952	15,033	0.53	833	2,169	0.38
DRREDDY	5,456	10,861	0.50	-135	22	-6.14
EICHERMOT	11,332	16,208	0.70	212	254	0.83
ETERNAL	17,870	34,841	0.51	261	6,494	0.04
EXIDEIND	4,054	5,717	0.71	45	168	0.27
FEDERALBNK	8,511	8,140	1.05	-266	281	-0.95
FORTIS	3,651	9,299	0.39	47	-138	-0.34
GAIL	13,407	20,703	0.65	-61	110	-0.55
GLENMARK	7,883	10,672	0.74	32	239	0.13
GMRAIRPORT	10,987	18,985	0.58	22	549	0.04
GODREJCP	4,454	6,080	0.73	1,361	2,095	0.65
GODREJPROP	6,630	11,297	0.59	-8	334	-0.02
GRASIM	9,617	8,439	1.14	62	-119	-0.52
HAL	27,852	56,253	0.50	81	3,431	0.02
HAVELLS	3,578	4,692	0.76	10	-12	-0.83
HCLTECH	11,377	19,744	0.58	-123	456	-0.27
HDFCAMC	4,574	5,993	0.76	253	298	0.85
HDFCBANK	42,498	64,324	0.66	1,159	601	1.93
HDFCLIFE	7,855	17,510	0.45	230	33	6.97
HEROMOTOCO	13,145	18,326	0.72	390	76	5.13
HFCL	4,946	12,264	0.40	41	-124	-0.33
HINDALCO	16,033	21,133	0.76	-911	-185	4.92
HINDPETRO	3,948	6,577	0.60	-83	178	-0.47
HINDUNILVR	10,457	20,058	0.52	-240	-91	2.64
HINDZINC	24,909	35,621	0.70	-809	654	-1.24
HUDCO	6,287	14,271	0.44	22	141	0.16
ICICIBANK	31,949	50,599	0.63	788	703	1.12
ICICIGI	3,172	5,611	0.57	9	74	0.12
ICICIPRULI	2,462	4,900	0.50	50	315	0.16
IDEA	15,397	26,470	0.58	293	-420	-0.70
IDFCFIRSTB	9,784	12,521	0.78	-200	-88	2.27
IEX	8,393	11,806	0.71	-51	-102	0.50
IIFL	2,637	4,626	0.57	11	429	0.03
INDHOTEL	5,778	8,939	0.65	63	487	0.13
INDIANB	4,824	12,010	0.40	58	640	0.09
INDIGO	53,026	1,12,599	0.47	198	-177	-1.12
INDUSINDBK	12,495	18,359	0.68	118	637	0.19
INDUSTOWER	8,853	15,760	0.56	-65	-56	1.16
INFY	38,758	61,832	0.63	-1,783	762	-2.34
INOXWIND	7,162	13,988	0.51	-71	128	-0.55
IOC	7,357	12,373	0.59	606	1,181	0.51
IRCTC	7,322	11,148	0.66	89	83	1.07
IREDA	4,972	10,429	0.48	58	117	0.50
IRFC	4,517	9,331	0.48	46	175	0.26
ITC	24,403	34,275	0.71	-514	42	-12.24
JINDALSTEL	5,539	8,689	0.64	98	660	0.15
JIOFIN	18,026	25,309	0.71	-124	664	-0.19
JSWENERGY	10,561	15,555	0.68	-473	158	-2.99
JSWSTEEL	14,215	27,833	0.51	-105	694	-0.15
JUBLFOOD	6,365	8,889	0.72	381	820	0.46
KALYANKJIL	4,760	9,193	0.52	21	472	0.04
KAYNES	31,399	78,166	0.40	482	919	0.52
KEI	2,127	3,446	0.62	-112	-44	2.55
KFINTECH	4,221	6,875	0.61	158	120	1.32
KOTAKBANK	18,584	21,021	0.88	140	237	0.59
KPITTECH	3,410	6,182	0.55	51	626	0.08
LAURUSLABS	5,281	9,866	0.54	56	325	0.17
LICHSGFIN	7,586	10,052	0.75	-13	119	-0.11
LICI	6,598	12,195	0.54	110	435	0.25
LODHA	4,408	10,312	0.43	-202	337	-0.60
LT	18,661	32,545	0.57	-606	161	-3.76
LTF	5,034	8,141	0.62	8	60	0.13
LTIM	4,428	5,591	0.79	-39	-60	0.65
LUPIN	5,124	6,763	0.76	11	202	0.05
M&M	17,842	33,412	0.53	417	-267	-1.56
MANAPPURAM	3,801	5,379	0.71	-62	-67	0.93
MANKIND	2,353	4,703	0.50	-4	223	-0.02
MARICO	3,310	4,941	0.67	591	725	0.82
MARUTI	31,060	31,238	0.99	-587	-372	1.58
MAXHEALTH	5,112	10,156	0.50	35	305	0.11
MAZDOCK	10,181	22,157	0.46	209	838	0.25
MCX	14,884	22,826	0.65	233	703	0.33
MFSL	2,499	4,329	0.58	117	241	0.49
MOTHERSON	7,593	9,294	0.82	-2	-84	0.02
MPHASIS	3,530	4,864	0.73	-204	71	-2.87
MUTHOOTFIN	6,431	12,101	0.53	88	109	0.81
NATIONALUM	6,704	7,944	0.84	-222	-38	5.84
NAUKRI	5,983	7,326	0.82	92	204	0.45
NBCC	3,240	6,676	0.49	-215	26	-8.27
NCC	3,840	8,778	0.44	59	86	0.69
NESTLEIND	4,349	13,631	0.32	207	-171	-1.21
NHPC	3,230	6,955	0.46	32	170	0.19
NMDC	10,130	12,789	0.79	-285	-45	6.32
NTPC	14,087	22,408	0.63	-528	348	-1.52
NUVAMA	2,124	4,062	0.52	26	12	2.17
NYKAA	2,604	6,810	0.38	47	275	0.17
OBEROIRLTY	3,511	5,644	0.62	-73	-55	1.33
OFSS	7,259	9,391	0.77	-556	388	-1.43
OIL	2,475	4,410	0.56	47	79	0.59
ONGC	11,145	26,003	0.43	-407	131	-3.11
PAGEIND	3,444	7,610	0.45	-25	144	-0.17
PATANJALI	3,910	8,671	0.45	55	45	1.22
PAYTM	7,535	11,985	0.63	-121	141	-0.86
PERSISTENT	6,511	10,635	0.61	-103	201	-0.51
PETRONET	8,632	8,437	1.02	2	70	0.03
PFC	20,754	35,410	0.59	163	1,458	0.11
PGEL	7,928	12,472	0.64	-95	543	-0.17
PHOENIXLTD	1,684	3,364	0.50	-126	6	-21.00
PIDILITIND	2,068	2,725	0.76	78	94	0.83
PIIND	3,654	5,935	0.62	15	-20	-0.75
PNB	11,530	22,076	0.52	124	442	0.28
PNBHOUSING	7,310	11,679	0.63	-84	-309	0.27
POLICYBZR	6,134	8,249	0.74	1,124	1,680	0.67
POLYCAB	4,127	6,005	0.69	52	310	0.17
POWERGRID	10,898	17,485	0.62	30	252	0.12
POWERINDIA	4,160	10,783	0.39	-42	64	-0.66
PPLPHARMA	2,804	7,168	0.39	42	251	0.17
PRESTIGE	2,705	4,009	0.67	10	142	0.07
RBLBANK	4,804	7,653	0.63	136	281	0.48
RECLTD	21,749	34,010	0.64	62	855	0.07
RELIANCE	49,200	98,577	0.50	-956	3,357	-0.28
RVNL	6,319	12,104	0.52	-30	286	-0.10
SAIL	5,816	10,459	0.56	-13	365	-0.04
SAMMAANCAP	6,454	11,995	0.54	218	231	0.94
SBICARD	4,705	7,412	0.63	162	682	0.24
SBILIFE	6,381	11,812	0.54	246	122	2.02
SBIN	40,237	66,210	0.61	-39	1,495	-0.03
SHREECEM	2,224	4,054	0.55	288	609	0.47
SHRIRAMFIN	12,758	21,241	0.60	231	164	1.41
SIEMENS	9,421	17,917	0.53	-213	128	-1.66
SOLARINDS	3,892	10,189	0.38	48	531	0.09
SONACOMS	2,583	5,755	0.45	-11	158	-0.07
SRF	7,131	9,778	0.73	374	940	0.40
SUNPHARMA	6,310	19,354	0.33	-645	-531	1.21
SUPREMEIND	5,135	8,664	0.59	1,329	957	1.39
SUZLON	10,363	23,607	0.44	31	158	0.20
SYNGENE	1,525	2,753	0.55	-41	-52	0.79
TATACONSUM	5,118	10,598	0.48	255	891	0.29
TATAELXSI	5,531	14,738	0.38	-68	295	-0.23
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,426	26,652	0.73	-72	520	-0.14
TATASTEEL	15,761	26,421	0.60	-609	413	-1.47
TATATECH	4,648	7,456	0.62	44	31	1.42
TCS	37,317	49,322	0.76	-1,107	1,252	-0.88
TECHM	7,335	9,759	0.75	-71	182	-0.39
TIINDIA	4,682	7,666	0.61	-51	148	-0.34
TITAGARH	2,625	5,084	0.52	57	72	0.79
TITAN	12,457	21,783	0.57	420	1,148	0.37
TMPV	40,503	87,812	0.46	409	375	1.09
TORNTPHARM	1,164	2,608	0.45	37	148	0.25
TORNTPOWER	2,049	2,963	0.69	-26	173	-0.15
TRENT	26,791	50,514	0.53	270	1,438	0.19
TVSMOTOR	9,614	9,618	1.00	226	93	2.43
ULTRACEMCO	11,291	17,713	0.64	-218	503	-0.43
UNIONBANK	5,665	8,284	0.68	-14	38	-0.37
UNITDSPR	6,507	8,514	0.76	-23	-61	0.38
UNOMINDA	2,715	4,992	0.54	43	4	10.75
UPL	4,727	6,778	0.70	-104	143	-0.73
VBL	10,020	23,199	0.43	249	433	0.58
VEDL	30,153	36,312	0.83	1,804	2,582	0.70
VOLTAS	6,394	7,310	0.87	-125	-229	0.55
WIPRO	10,839	13,855	0.78	-145	-62	2.34
YESBANK	6,428	13,150	0.49	12	124	0.10
ZYDUSLIFE	3,352	4,797	0.70	59	340	0.17

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 CYIENT

CYIENT

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

DLF

DMART

DRREDDY

EICHERMOT

ETERNAL

EURINR

EURUSD

EXIDEIND

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