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.

SILVER

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.

Silver

196900 +4049.00 (2.10%)

L: 194681 H: 199500

Put-Call Ratio - SILVER

15 Dec 2025 10:38 PM IST

Live

Expiry

Put OI

14,757

Call OI

5,302

PCR

2.78

Put OI Chg

2,227

Call OI Chg

740

COI PCR

3.01

COI Strength

0.50

Interval

On 9:30 SILVER was trading at 195272 with pcr value 2.76

On 9:45 SILVER was trading at 195661 with pcr value 2.77

On 10:00 SILVER was trading at 195346 with pcr value 2.77

On 10:15 SILVER was trading at 195550 with pcr value 2.69

On 10:30 SILVER was trading at 195539 with pcr value 2.69

On 10:45 SILVER was trading at 195505 with pcr value 2.7

On 11:00 SILVER was trading at 195650 with pcr value 2.7

On 11:15 SILVER was trading at 196190 with pcr value 2.68

On 11:30 SILVER was trading at 196911 with pcr value 2.65

On 11:45 SILVER was trading at 196688 with pcr value 2.65

On 12:00 SILVER was trading at 197324 with pcr value 2.58

On 12:15 SILVER was trading at 197252 with pcr value 2.6

On 12:30 SILVER was trading at 197803 with pcr value 2.61

On 12:45 SILVER was trading at 197735 with pcr value 2.65

On 13:00 SILVER was trading at 197607 with pcr value 2.66

On 13:15 SILVER was trading at 197489 with pcr value 2.67

On 13:30 SILVER was trading at 197216 with pcr value 2.67

On 13:45 SILVER was trading at 197350 with pcr value 2.67

On 14:00 SILVER was trading at 197950 with pcr value 2.67

On 14:15 SILVER was trading at 198442 with pcr value 2.66

On 14:30 SILVER was trading at 198832 with pcr value 2.64

On 14:45 SILVER was trading at 198950 with pcr value 2.65

On 15:00 SILVER was trading at 198696 with pcr value 2.66

On 15:15 SILVER was trading at 198260 with pcr value 2.67

On 15:30 SILVER was trading at 197994 with pcr value 2.68

On 15:45 SILVER was trading at 198247 with pcr value 2.66

On 16:00 SILVER was trading at 198600 with pcr value 2.66

On 16:15 SILVER was trading at 198112 with pcr value 2.66

On 16:30 SILVER was trading at 198190 with pcr value 2.68

On 16:45 SILVER was trading at 198136 with pcr value 2.69

On 17:00 SILVER was trading at 198150 with pcr value 2.7

On 17:15 SILVER was trading at 198337 with pcr value 2.71

On 17:30 SILVER was trading at 198671 with pcr value 2.72

On 17:45 SILVER was trading at 198690 with pcr value 2.73

On 18:00 SILVER was trading at 198680 with pcr value 2.73

On 18:15 SILVER was trading at 198968 with pcr value 2.74

On 18:30 SILVER was trading at 199341 with pcr value 2.75

On 18:45 SILVER was trading at 198700 with pcr value 2.75

On 19:00 SILVER was trading at 199047 with pcr value 2.78

On 19:15 SILVER was trading at 198870 with pcr value 2.78

On 19:30 SILVER was trading at 198928 with pcr value 2.78

On 19:45 SILVER was trading at 198899 with pcr value 2.77

On 20:00 SILVER was trading at 198529 with pcr value 2.77

On 20:15 SILVER was trading at 197756 with pcr value 2.77

On 20:30 SILVER was trading at 197210 with pcr value 2.78

On 20:45 SILVER was trading at 197889 with pcr value 2.77

On 21:00 SILVER was trading at 197126 with pcr value 2.78

On 21:15 SILVER was trading at 198185 with pcr value 2.79

On 21:30 SILVER was trading at 198476 with pcr value 2.79

On 21:45 SILVER was trading at 197726 with pcr value 2.78

On 22:00 SILVER was trading at 197055 with pcr value 2.78

On 22:15 SILVER was trading at 196325 with pcr value 2.79

On 22:30 SILVER was trading at 197200 with pcr value 2.79

On 22:39 SILVER was trading at 196944 with pcr value 2.78

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	2,069	3,264	0.63	527	249	2.12
ABB	4,892	6,625	0.74	-63	120	-0.53
ABCAPITAL	4,790	7,521	0.64	-433	372	-1.16
ADANIENSOL	3,344	5,303	0.63	119	195	0.61
ADANIENT	24,853	43,406	0.57	-495	1,256	-0.39
ADANIGREEN	11,033	18,978	0.58	-249	-145	1.72
ADANIPORTS	8,728	16,943	0.52	-242	378	-0.64
ALKEM	845	1,473	0.57	25	-16	-1.56
AMBER	6,950	10,566	0.66	265	-741	-0.36
AMBUJACEM	9,121	10,496	0.87	94	-162	-0.58
ANGELONE	7,635	17,456	0.44	-18	571	-0.03
APLAPOLLO	2,430	2,755	0.88	127	117	1.09
APOLLOHOSP	7,131	14,910	0.48	23	43	0.53
ASHOKLEY	11,235	11,252	1.00	1,218	-169	-7.21
ASIANPAINT	16,862	34,636	0.49	208	1,334	0.16
ASTRAL	3,833	7,657	0.50	102	176	0.58
AUBANK	6,545	7,329	0.89	83	-569	-0.15
AUROPHARMA	4,082	10,089	0.40	104	98	1.06
AXISBANK	14,110	28,991	0.49	-211	182	-1.16
BAJAJ-AUTO	14,295	27,648	0.52	20	1,556	0.01
BAJAJFINSV	11,494	17,077	0.67	4	-64	-0.06
BAJFINANCE	21,736	37,754	0.58	189	924	0.20
BANDHANBNK	7,154	11,313	0.63	-174	-357	0.49
BANKBARODA	11,612	15,837	0.73	-97	436	-0.22
BANKINDIA	2,799	4,464	0.63	-13	31	-0.42
BDL	7,296	17,922	0.41	39	714	0.05
BEL	26,257	59,716	0.44	343	2,366	0.14
BHARATFORG	4,075	6,755	0.60	219	830	0.26
BHARTIARTL	17,742	40,386	0.44	35	633	0.06
BHEL	8,702	17,441	0.50	-132	1,045	-0.13
BIOCON	6,258	12,518	0.50	-9	-63	0.14
BLUESTARCO	1,149	1,660	0.69	154	497	0.31
BOSCHLTD	1,414	2,772	0.51	83	136	0.61
BPCL	5,526	7,559	0.73	306	946	0.32
BRITANNIA	5,812	7,592	0.77	1,248	860	1.45
BSE	17,842	33,595	0.53	871	5,222	0.17
CAMS	3,245	7,253	0.45	21	168	0.13
CANBK	11,361	15,342	0.74	101	40	2.52
CDSL	9,346	21,512	0.43	46	1,151	0.04
CGPOWER	4,170	8,591	0.49	32	41	0.78
CHOLAFIN	3,549	5,229	0.68	72	173	0.42
CIPLA	8,626	14,135	0.61	-120	225	-0.53
COALINDIA	11,188	11,787	0.95	211	204	1.03
COFORGE	8,233	21,206	0.39	-58	-846	0.07
COLPAL	5,292	9,272	0.57	-160	272	-0.59
CONCOR	5,734	9,467	0.61	124	310	0.40
CROMPTON	5,740	11,715	0.49	-74	163	-0.45
CUMMINSIND	3,279	4,338	0.76	-248	186	-1.33
CYIENT	1,786	2,740	0.65	-6	76	-0.08
DABUR	4,892	10,141	0.48	93	-22	-4.23
DALBHARAT	2,991	4,267	0.70	45	484	0.09
DELHIVERY	3,748	5,189	0.72	10	209	0.05
DIVISLAB	6,160	8,816	0.70	-75	375	-0.20
DIXON	37,025	59,542	0.62	2,003	-5,841	-0.34
DLF	15,511	25,480	0.61	67	294	0.23
DMART	6,194	12,806	0.48	-99	216	-0.46
DRREDDY	5,446	10,712	0.51	158	-34	-4.65
EICHERMOT	10,598	15,720	0.67	-190	1,819	-0.10
ETERNAL	17,095	28,427	0.60	-597	-53	11.26
EXIDEIND	3,426	5,233	0.65	81	151	0.54
FEDERALBNK	8,426	7,774	1.08	889	-189	-4.70
FORTIS	3,388	9,038	0.37	-32	173	-0.18
GAIL	12,037	20,012	0.60	64	491	0.13
GLENMARK	7,735	10,089	0.77	24	-376	-0.06
GMRAIRPORT	10,390	18,463	0.56	461	1,460	0.32
GODREJCP	3,036	3,852	0.79	294	-132	-2.23
GODREJPROP	5,467	10,220	0.53	14	-63	-0.22
GRASIM	8,901	8,466	1.05	10	30	0.33
HAL	27,391	52,670	0.52	147	-729	-0.20
HAVELLS	3,085	4,156	0.74	-126	-100	1.26
HCLTECH	10,977	18,948	0.58	116	395	0.29
HDFCAMC	4,167	5,466	0.76	351	831	0.42
HDFCBANK	40,143	63,691	0.63	-830	4,167	-0.20
HDFCLIFE	7,436	17,203	0.43	77	1,207	0.06
HEROMOTOCO	12,462	18,039	0.69	228	1,045	0.22
HFCL	4,627	12,138	0.38	748	976	0.77
HINDALCO	16,948	21,230	0.80	-909	481	-1.89
HINDPETRO	4,038	6,232	0.65	-140	-86	1.63
HINDUNILVR	10,349	20,009	0.52	-447	-2,923	0.15
HINDZINC	25,647	35,224	0.73	1,575	5,779	0.27
HUDCO	5,551	13,954	0.40	66	807	0.08
ICICIBANK	30,087	49,194	0.61	696	1,768	0.39
ICICIGI	2,932	5,039	0.58	-131	137	-0.96
ICICIPRULI	2,353	4,596	0.51	-5	-159	0.03
IDEA	15,240	26,733	0.57	84	1,845	0.05
IDFCFIRSTB	9,943	12,513	0.79	1,141	-475	-2.40
IEX	7,949	11,727	0.68	-68	108	-0.63
IIFL	2,512	4,148	0.61	145	493	0.29
INDHOTEL	5,173	8,363	0.62	134	265	0.50
INDIANB	4,020	11,081	0.36	136	480	0.28
INDIGO	50,723	1,12,920	0.45	160	-5,250	-0.03
INDUSINDBK	11,932	17,585	0.68	-90	-294	0.31
INDUSTOWER	8,765	16,152	0.54	713	3,502	0.20
INFY	40,224	60,812	0.66	2,581	311	8.30
INOXWIND	6,631	13,788	0.48	237	49	4.84
IOC	6,691	10,922	0.61	571	24	23.79
IRCTC	6,081	10,728	0.57	93	188	0.49
IREDA	4,327	9,956	0.43	-26	52	-0.50
IRFC	3,508	8,799	0.40	-18	190	-0.09
ITC	23,961	33,623	0.71	140	-839	-0.17
JINDALSTEL	5,239	7,721	0.68	142	242	0.59
JIOFIN	14,853	24,566	0.60	-208	405	-0.51
JSWENERGY	10,981	15,280	0.72	859	-28	-30.68
JSWSTEEL	14,149	26,928	0.53	90	585	0.15
JUBLFOOD	6,695	8,047	0.83	211	644	0.33
KALYANKJIL	4,689	8,701	0.54	76	98	0.78
KAYNES	30,226	77,255	0.39	1,190	3,410	0.35
KEI	2,210	3,355	0.66	578	524	1.10
KFINTECH	3,892	6,673	0.58	13	458	0.03
KOTAKBANK	18,215	20,571	0.89	-870	-664	1.31
KPITTECH	3,039	5,580	0.54	106	724	0.15
LAURUSLABS	4,924	8,959	0.55	-285	236	-1.21
LICHSGFIN	5,999	9,572	0.63	34	456	0.07
LICI	6,118	11,686	0.52	-189	470	-0.40
LODHA	2,794	9,759	0.29	21	-102	-0.21
LT	18,409	32,069	0.57	-183	-570	0.32
LTF	4,823	7,709	0.63	74	240	0.31
LTIM	3,861	5,171	0.75	-61	-211	0.29
LUPIN	4,997	6,542	0.76	-82	338	-0.24
M&M	16,600	33,712	0.49	1,324	6,358	0.21
MANAPPURAM	3,635	5,191	0.70	88	83	1.06
MANKIND	2,229	4,499	0.50	140	172	0.81
MARICO	2,504	4,146	0.60	69	375	0.18
MARUTI	31,643	31,457	1.01	-2,154	347	-6.21
MAXHEALTH	4,499	9,709	0.46	-32	-428	0.07
MAZDOCK	9,400	21,331	0.44	112	730	0.15
MCX	14,756	21,859	0.68	265	2	132.50
MFSL	2,212	3,901	0.57	-34	87	-0.39
MOTHERSON	7,191	9,233	0.78	170	119	1.43
MPHASIS	3,527	4,508	0.78	118	62	1.90
MUTHOOTFIN	6,147	11,705	0.53	553	1,204	0.46
NATIONALUM	6,764	7,833	0.86	-247	112	-2.21
NAUKRI	5,351	7,001	0.76	-20	115	-0.17
NBCC	3,401	6,619	0.51	250	-175	-1.43
NCC	3,419	8,006	0.43	139	544	0.26
NESTLEIND	4,054	13,711	0.30	-42	-430	0.10
NHPC	3,117	6,499	0.48	3	203	0.01
NMDC	10,115	12,545	0.81	217	466	0.47
NTPC	12,121	20,752	0.58	-192	-284	0.68
NUVAMA	2,081	4,003	0.52	20	5	4.00
NYKAA	2,480	6,223	0.40	-50	173	-0.29
OBEROIRLTY	3,326	5,583	0.60	7	11	0.64
OFSS	7,632	8,856	0.86	-1,203	73	-16.48
OIL	1,995	3,984	0.50	-45	95	-0.47
ONGC	11,198	25,514	0.44	2,530	2,033	1.24
PAGEIND	3,057	7,157	0.43	-10	386	-0.03
PATANJALI	2,904	8,230	0.35	89	394	0.23
PAYTM	7,444	11,824	0.63	-338	496	-0.68
PERSISTENT	6,555	10,382	0.63	227	1,624	0.14
PETRONET	5,904	7,924	0.75	28	124	0.23
PFC	18,464	33,414	0.55	425	1,599	0.27
PGEL	7,830	11,904	0.66	-59	237	-0.25
PHOENIXLTD	1,748	3,239	0.54	446	767	0.58
PIDILITIND	1,856	2,497	0.74	52	12	4.33
PIIND	3,583	5,819	0.62	218	728	0.30
PNB	11,052	21,607	0.51	-215	-198	1.08
PNBHOUSING	7,343	12,079	0.61	1,397	1,100	1.27
POLICYBZR	4,643	6,435	0.72	-169	114	-1.48
POLYCAB	3,994	5,743	0.70	45	85	0.53
POWERGRID	9,573	15,826	0.60	123	728	0.17
POWERINDIA	3,875	10,686	0.36	-488	70	-6.97
PPLPHARMA	2,231	6,360	0.35	-89	624	-0.14
PRESTIGE	2,509	3,619	0.69	92	87	1.06
RBLBANK	4,608	7,378	0.62	-10	182	-0.05
RECLTD	21,609	33,331	0.65	291	1,613	0.18
RELIANCE	48,439	93,489	0.52	-267	1,681	-0.16
RVNL	5,771	11,380	0.51	-9	-101	0.09
SAIL	4,715	9,520	0.50	4	289	0.01
SAMMAANCAP	6,056	11,615	0.52	297	2,823	0.11
SBICARD	4,239	6,571	0.65	51	-61	-0.84
SBILIFE	5,169	10,962	0.47	232	-253	-0.92
SBIN	37,645	64,624	0.58	878	-1,655	-0.53
SHREECEM	1,519	3,094	0.49	329	443	0.74
SHRIRAMFIN	12,509	20,839	0.60	349	3,280	0.11
SIEMENS	9,643	17,812	0.54	-325	-629	0.52
SOLARINDS	3,408	9,608	0.35	86	434	0.20
SONACOMS	2,230	5,372	0.42	61	441	0.14
SRF	6,540	8,645	0.76	-356	-5	71.20
SUNPHARMA	6,166	18,653	0.33	-136	-1,100	0.12
SUPREMEIND	3,372	7,675	0.44	310	4	77.50
SUZLON	10,031	23,478	0.43	477	1,017	0.47
SYNGENE	1,543	2,786	0.55	157	277	0.57
TATACONSUM	4,814	9,436	0.51	204	161	1.27
TATAELXSI	5,403	14,133	0.38	157	-254	-0.62
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	18,542	26,087	0.71	-30	322	-0.09
TATASTEEL	16,327	26,074	0.63	-537	-1,029	0.52
TATATECH	4,177	6,921	0.60	82	169	0.49
TCS	37,694	47,320	0.80	1,301	525	2.48
TECHM	5,563	9,167	0.61	-306	459	-0.67
TIINDIA	3,426	7,071	0.48	136	152	0.89
TITAGARH	2,368	4,965	0.48	-69	-255	0.27
TITAN	11,243	20,494	0.55	-235	824	-0.29
TMPV	39,583	87,605	0.45	688	3,402	0.20
TORNTPHARM	1,003	2,345	0.43	-27	107	-0.25
TORNTPOWER	1,856	2,615	0.71	5	34	0.15
TRENT	25,692	48,986	0.52	383	-127	-3.02
TVSMOTOR	8,753	9,493	0.92	-4	118	-0.03
ULTRACEMCO	11,263	17,291	0.65	292	1,309	0.22
UNIONBANK	5,523	8,203	0.67	62	-218	-0.28
UNITDSPR	5,124	7,585	0.68	86	168	0.51
UNOMINDA	2,454	4,775	0.51	3	92	0.03
UPL	4,837	6,595	0.73	766	923	0.83
VBL	9,677	22,094	0.44	672	1,142	0.59
VEDL	28,263	33,111	0.85	1,008	1,200	0.84
VOLTAS	5,882	7,287	0.81	-69	113	-0.61
WIPRO	10,571	13,643	0.77	-51	-218	0.23
YESBANK	6,212	13,008	0.48	133	317	0.42
ZYDUSLIFE	2,689	4,099	0.66	11	62	0.18

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.

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