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.

JSWENERGY

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.

Jsw Energy Limited

469.55 -2.45 (-0.52%)

L: 468.35 H: 475

Put-Call Ratio - JSWENERGY

19 Dec 2025 11:17 AM IST

Live

Expiry

Put OI

9,614

Call OI

15,205

PCR

0.63

Put OI Chg

24

Call OI Chg

90

COI PCR

0.27

COI Strength

-0.58

Interval

On 9:30 JSWENERGY was trading at 473.1 with pcr value 0.63

On 9:45 JSWENERGY was trading at 473.6 with pcr value 0.63

On 10:00 JSWENERGY was trading at 472.9 with pcr value 0.63

On 10:15 JSWENERGY was trading at 469.75 with pcr value 0.63

On 10:30 JSWENERGY was trading at 470.6 with pcr value 0.63

On 10:45 JSWENERGY was trading at 470.55 with pcr value 0.63

On 11:00 JSWENERGY was trading at 470.05 with pcr value 0.63

On 11:15 JSWENERGY was trading at 469.2 with pcr value 0.63

On 11:18 JSWENERGY was trading at 469.6 with pcr value 0.63

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	2,093	3,611	0.58	8	35	0.23
ABB	5,246	6,934	0.76	-92	-173	0.53
ABCAPITAL	4,618	8,050	0.57	-75	-55	1.36
ADANIENSOL	3,278	6,090	0.54	21	105	0.20
ADANIENT	27,008	45,825	0.59	426	2,105	0.20
ADANIGREEN	9,745	18,122	0.54	-4	-328	0.01
ADANIPORTS	9,289	18,918	0.49	72	289	0.25
ALKEM	1,372	2,094	0.66	137	25	5.48
AMBER	7,209	11,182	0.64	-59	186	-0.32
AMBUJACEM	8,298	11,237	0.74	-13	-228	0.06
ANGELONE	7,925	20,435	0.39	225	-233	-0.97
APLAPOLLO	2,409	3,004	0.80	178	401	0.44
APOLLOHOSP	9,016	18,560	0.49	151	266	0.57
ASHOKLEY	14,964	13,865	1.08	1,521	511	2.98
ASIANPAINT	16,844	34,046	0.49	202	-586	-0.34
ASTRAL	4,361	8,322	0.52	93	289	0.32
AUBANK	6,446	7,975	0.81	4	147	0.03
AUROPHARMA	5,222	11,722	0.45	478	1,594	0.30
AXISBANK	21,366	45,735	0.47	-370	-1,720	0.22
BAJAJ-AUTO	14,424	27,718	0.52	187	-797	-0.23
BAJAJFINSV	14,067	20,861	0.67	-17	-392	0.04
BAJFINANCE	22,584	38,202	0.59	-561	-1,568	0.36
BANDHANBNK	7,491	10,909	0.69	-131	-242	0.54
BANKBARODA	11,896	14,171	0.84	-26	-336	0.08
BANKINDIA	3,615	5,012	0.72	-9	9	-1.00
BDL	8,485	22,193	0.38	-31	518	-0.06
BEL	26,291	57,581	0.46	265	-1,841	-0.14
BHARATFORG	4,591	7,515	0.61	259	610	0.42
BHARTIARTL	19,037	41,189	0.46	416	2,133	0.20
BHEL	8,766	19,513	0.45	-29	377	-0.08
BIOCON	6,253	11,283	0.55	204	-467	-0.44
BLUESTARCO	2,032	2,273	0.89	273	421	0.65
BOSCHLTD	1,634	3,839	0.43	28	43	0.65
BPCL	5,492	9,352	0.59	77	-30	-2.57
BRITANNIA	6,267	9,827	0.64	91	-641	-0.14
BSE	17,121	33,060	0.52	113	949	0.12
CAMS	4,791	7,677	0.62	-5	-187	0.03
CANBK	12,301	15,726	0.78	165	628	0.26
CDSL	9,708	22,978	0.42	0	101	0.00
CGPOWER	4,478	10,659	0.42	-122	-16	7.63
CHOLAFIN	9,260	9,865	0.94	1,015	572	1.77
CIPLA	10,343	14,610	0.71	415	-424	-0.98
COALINDIA	13,310	13,275	1.00	246	228	1.08
COFORGE	9,221	20,543	0.45	404	872	0.46
COLPAL	7,815	12,398	0.63	-26	-140	0.19
CONCOR	7,789	10,258	0.76	36	79	0.46
CROMPTON	6,836	14,140	0.48	-27	683	-0.04
CUMMINSIND	3,969	6,919	0.57	126	535	0.24
CYIENT	2,346	3,629	0.65	-11	-49	0.22
DABUR	6,465	11,715	0.55	-28	75	-0.37
DALBHARAT	2,815	4,417	0.64	23	38	0.61
DELHIVERY	4,095	6,316	0.65	89	17	5.24
DIVISLAB	9,060	16,303	0.56	2,317	6,683	0.35
DIXON	35,910	71,444	0.50	626	4,815	0.13
DLF	16,724	25,738	0.65	-853	-257	3.32
DMART	7,273	17,277	0.42	-61	-138	0.44
DRREDDY	5,372	10,647	0.50	185	265	0.70
EICHERMOT	11,089	15,000	0.74	533	-12	-44.42
ETERNAL	18,241	35,634	0.51	-404	-633	0.64
EXIDEIND	4,348	6,794	0.64	-7	52	-0.13
FEDERALBNK	8,932	7,880	1.13	648	-10	-64.80
FORTIS	3,692	8,129	0.45	167	102	1.64
GAIL	12,966	19,559	0.66	-182	-484	0.38
GLENMARK	7,300	10,831	0.67	-486	289	-1.68
GMRAIRPORT	10,499	21,500	0.49	-19	622	-0.03
GODREJCP	3,776	5,572	0.68	-6	109	-0.06
GODREJPROP	6,941	11,888	0.58	26	-151	-0.17
GRASIM	9,442	8,638	1.09	30	77	0.39
HAL	28,216	54,027	0.52	-282	-790	0.36
HAVELLS	3,917	5,013	0.78	141	119	1.18
HCLTECH	12,821	24,002	0.53	1,050	3,469	0.30
HDFCAMC	9,355	11,768	0.79	-2,102	150	-14.01
HDFCBANK	43,477	75,600	0.58	687	-1,260	-0.55
HDFCLIFE	7,115	16,155	0.44	29	-181	-0.16
HEROMOTOCO	14,120	32,718	0.43	497	961	0.52
HFCL	4,927	11,591	0.43	-23	37	-0.62
HINDALCO	15,333	20,715	0.74	-301	79	-3.81
HINDPETRO	4,068	6,949	0.59	17	53	0.32
HINDUNILVR	9,674	20,656	0.47	-178	-90	1.98
HINDZINC	26,324	36,738	0.72	-256	1,100	-0.23
HUDCO	6,406	14,818	0.43	-4	82	-0.05
ICICIBANK	31,216	52,197	0.60	-222	1,888	-0.12
ICICIGI	3,116	6,165	0.51	-74	181	-0.41
ICICIPRULI	2,409	4,925	0.49	49	26	1.88
IDEA	14,200	25,125	0.57	117	-136	-0.86
IDFCFIRSTB	9,652	12,333	0.78	-61	182	-0.34
IEX	8,308	11,344	0.73	4	54	0.07
IIFL	2,669	4,436	0.60	12	90	0.13
INDHOTEL	6,312	9,713	0.65	32	-240	-0.13
INDIANB	4,793	12,189	0.39	-29	320	-0.09
INDIGO	53,379	97,701	0.55	50	998	0.05
INDUSINDBK	12,924	18,932	0.68	130	815	0.16
INDUSTOWER	8,419	14,398	0.58	-124	-136	0.91
INFY	50,535	70,034	0.72	3,256	5,996	0.54
INOXWIND	6,718	13,578	0.49	0	-221	0.00
IOC	7,511	11,761	0.64	-174	114	-1.53
IRCTC	7,042	10,407	0.68	-31	-175	0.18
IREDA	5,125	10,391	0.49	-2	97	-0.02
IRFC	4,712	9,451	0.50	52	107	0.49
ITC	20,453	33,897	0.60	49	-375	-0.13
JINDALSTEL	5,636	9,335	0.60	-15	150	-0.10
JIOFIN	18,328	26,388	0.69	74	-309	-0.24
JSWENERGY	9,614	15,205	0.63	24	90	0.27
JSWSTEEL	11,713	27,634	0.42	-99	11	-9.00
JUBLFOOD	5,928	10,415	0.57	-119	127	-0.94
KALYANKJIL	4,782	9,425	0.51	18	18	1.00
KAYNES	29,850	76,384	0.39	552	1,355	0.41
KEI	2,641	4,177	0.63	69	429	0.16
KFINTECH	4,245	5,988	0.71	14	531	0.03
KOTAKBANK	17,927	20,945	0.86	337	-109	-3.09
KPITTECH	3,865	6,818	0.57	38	16	2.38
LAURUSLABS	6,392	9,696	0.66	1,137	431	2.64
LICHSGFIN	7,638	9,267	0.82	39	-1	-39.00
LICI	6,104	11,822	0.52	32	-153	-0.21
LODHA	4,934	10,708	0.46	62	-222	-0.28
LT	18,571	30,971	0.60	1,030	-643	-1.60
LTF	5,122	7,986	0.64	29	2	14.50
LTIM	5,969	7,834	0.76	1,231	1,603	0.77
LUPIN	5,469	6,646	0.82	195	-4	-48.75
M&M	17,155	32,634	0.53	52	-46	-1.13
MANAPPURAM	3,692	6,258	0.59	-85	-72	1.18
MANKIND	2,466	4,561	0.54	78	-21	-3.71
MARICO	3,192	5,073	0.63	26	196	0.13
MARUTI	28,907	31,632	0.91	817	515	1.59
MAXHEALTH	6,603	11,619	0.57	227	519	0.44
MAZDOCK	10,164	23,257	0.44	42	713	0.06
MCX	16,037	22,997	0.70	1,287	686	1.88
MFSL	2,417	4,463	0.54	17	89	0.19
MOTHERSON	6,420	8,848	0.73	373	-44	-8.48
MPHASIS	4,043	5,306	0.76	180	29	6.21
MUTHOOTFIN	5,473	10,704	0.51	-24	106	-0.23
NATIONALUM	6,887	8,521	0.81	23	283	0.08
NAUKRI	5,823	7,718	0.75	27	486	0.06
NBCC	3,410	8,900	0.38	29	-203	-0.14
NCC	3,748	9,065	0.41	12	69	0.17
NESTLEIND	4,445	14,481	0.31	129	213	0.61
NHPC	3,243	7,186	0.45	67	54	1.24
NMDC	10,148	14,297	0.71	122	520	0.23
NTPC	14,070	23,219	0.61	-67	-17	3.87
NUVAMA	3,127	6,669	0.47	194	827	0.23
NYKAA	2,791	7,222	0.39	-19	71	-0.27
OBEROIRLTY	3,827	5,214	0.73	123	61	2.02
OFSS	6,446	11,847	0.54	436	743	0.59
OIL	2,510	4,749	0.53	-65	-33	1.97
ONGC	10,650	26,792	0.40	-94	86	-1.09
PAGEIND	3,538	9,447	0.37	-21	888	-0.02
PATANJALI	4,789	8,446	0.57	62	11	5.64
PAYTM	8,467	14,002	0.60	452	115	3.93
PERSISTENT	7,362	11,883	0.62	531	877	0.61
PETRONET	9,025	8,410	1.07	23	-134	-0.17
PFC	22,495	33,375	0.67	1,086	-1,391	-0.78
PGEL	7,316	11,960	0.61	-413	166	-2.49
PHOENIXLTD	1,757	3,388	0.52	-14	-62	0.23
PIDILITIND	1,935	2,818	0.69	9	64	0.14
PIIND	3,777	5,664	0.67	9	28	0.32
PNB	11,620	20,945	0.55	40	-34	-1.19
PNBHOUSING	6,908	11,877	0.58	15	-50	-0.30
POLICYBZR	6,271	8,148	0.77	423	-226	-1.87
POLYCAB	6,014	8,625	0.70	1,289	866	1.49
POWERGRID	10,585	17,447	0.61	-177	-421	0.42
POWERINDIA	4,674	14,058	0.33	576	1,121	0.51
PPLPHARMA	2,993	7,241	0.41	-10	70	-0.14
PRESTIGE	2,806	4,253	0.66	60	-63	-0.95
RBLBANK	4,859	7,996	0.61	28	-29	-0.97
RECLTD	21,441	33,109	0.65	-272	-143	1.90
RELIANCE	52,098	87,941	0.59	2,847	-6,779	-0.42
RVNL	6,087	12,693	0.48	-20	-268	0.07
SAIL	5,926	11,523	0.51	-61	685	-0.09
SAMMAANCAP	8,935	13,281	0.67	-347	-288	1.20
SBICARD	4,814	7,133	0.67	25	106	0.24
SBILIFE	5,622	11,456	0.49	115	-63	-1.83
SBIN	40,304	58,350	0.69	-1,027	75	-13.69
SHREECEM	2,648	6,564	0.40	386	689	0.56
SHRIRAMFIN	15,743	24,390	0.65	266	1,384	0.19
SIEMENS	8,898	19,410	0.46	244	-245	-1.00
SOLARINDS	4,181	11,240	0.37	-8	670	-0.01
SONACOMS	2,609	5,676	0.46	45	71	0.63
SRF	7,414	8,857	0.84	22	-134	-0.16
SUNPHARMA	8,753	24,310	0.36	185	-1,864	-0.10
SUPREMEIND	4,200	7,170	0.59	12	167	0.07
SUZLON	10,171	25,097	0.41	37	131	0.28
SYNGENE	1,608	3,486	0.46	144	65	2.22
TATACONSUM	5,107	9,774	0.52	-47	-46	1.02
TATAELXSI	9,823	19,991	0.49	4,329	5,131	0.84
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,068	27,902	0.68	-150	-427	0.35
TATASTEEL	14,818	27,782	0.53	-71	734	-0.10
TATATECH	4,759	7,578	0.63	33	-23	-1.43
TCS	37,142	46,457	0.80	1,374	-241	-5.70
TECHM	8,795	10,410	0.84	113	317	0.36
TIINDIA	4,928	7,643	0.64	7	-38	-0.18
TITAGARH	2,716	5,725	0.47	-1	121	-0.01
TITAN	15,072	21,466	0.70	1,860	816	2.28
TMPV	38,183	77,114	0.50	-2,030	-2,877	0.71
TORNTPHARM	1,266	2,493	0.51	84	4	21.00
TORNTPOWER	1,840	3,568	0.52	0	55	0.00
TRENT	26,205	51,000	0.51	-32	-1,115	0.03
TVSMOTOR	9,333	9,098	1.03	248	-378	-0.66
ULTRACEMCO	11,690	21,212	0.55	207	-33	-6.27
UNIONBANK	5,333	8,387	0.64	81	453	0.18
UNITDSPR	8,261	10,275	0.80	71	234	0.30
UNOMINDA	2,801	5,465	0.51	11	95	0.12
UPL	4,877	6,973	0.70	2	137	0.01
VBL	9,289	18,847	0.49	-92	191	-0.48
VEDL	42,093	41,205	1.02	-544	1,405	-0.39
VOLTAS	6,977	10,502	0.66	228	1,647	0.14
WIPRO	12,241	14,546	0.84	406	415	0.98
YESBANK	6,348	13,123	0.48	-15	136	-0.11
ZYDUSLIFE	3,523	4,795	0.73	-14	2	-7.00

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 JSWENERGY

JSWENERGY

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

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