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.

ADANIENSOL

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.

Adani Energy Solution Ltd

984.65 -9.65 (-0.97%)

L: 981.3 H: 995

Put-Call Ratio - ADANIENSOL

17 Dec 2025 01:23 PM IST

Live

Expiry

Put OI

3,327

Call OI

5,855

PCR

0.57

Put OI Chg

-28

Call OI Chg

92

COI PCR

-0.30

COI Strength

-1.00

Interval

On 9:30 ADANIENSOL was trading at 991.65 with pcr value 0.58

On 9:45 ADANIENSOL was trading at 992.75 with pcr value 0.57

On 10:00 ADANIENSOL was trading at 990.4 with pcr value 0.57

On 10:15 ADANIENSOL was trading at 987.95 with pcr value 0.58

On 10:30 ADANIENSOL was trading at 988.55 with pcr value 0.58

On 10:45 ADANIENSOL was trading at 985.2 with pcr value 0.58

On 11:00 ADANIENSOL was trading at 982.2 with pcr value 0.57

On 11:15 ADANIENSOL was trading at 984.35 with pcr value 0.57

On 11:30 ADANIENSOL was trading at 984.6 with pcr value 0.57

On 11:45 ADANIENSOL was trading at 989.6 with pcr value 0.57

On 12:00 ADANIENSOL was trading at 990 with pcr value 0.58

On 12:15 ADANIENSOL was trading at 987.9 with pcr value 0.58

On 12:30 ADANIENSOL was trading at 984.85 with pcr value 0.58

On 12:45 ADANIENSOL was trading at 984.95 with pcr value 0.58

On 13:00 ADANIENSOL was trading at 986.25 with pcr value 0.58

On 13:15 ADANIENSOL was trading at 985.45 with pcr value 0.57

On 13:24 ADANIENSOL was trading at 983.85 with pcr value 0.57

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	2,164	3,603	0.60	150	344	0.44
ABB	5,301	6,593	0.80	-51	265	-0.19
ABCAPITAL	4,910	8,067	0.61	147	294	0.50
ADANIENSOL	3,327	5,855	0.57	-28	92	-0.30
ADANIENT	26,407	44,530	0.59	210	514	0.41
ADANIGREEN	10,211	19,659	0.52	-80	123	-0.65
ADANIPORTS	9,346	18,880	0.50	193	797	0.24
ALKEM	1,242	1,935	0.64	10	261	0.04
AMBER	6,976	11,163	0.62	-37	905	-0.04
AMBUJACEM	8,600	10,484	0.82	68	186	0.37
ANGELONE	7,581	19,500	0.39	0	1,002	0.00
APLAPOLLO	2,673	3,162	0.85	244	458	0.53
APOLLOHOSP	8,353	17,608	0.47	508	1,417	0.36
ASHOKLEY	12,319	12,782	0.96	13	7	1.86
ASIANPAINT	17,080	34,328	0.50	-219	162	-1.35
ASTRAL	4,214	8,075	0.52	-188	136	-1.38
AUBANK	6,697	8,139	0.82	389	634	0.61
AUROPHARMA	4,495	10,559	0.43	43	196	0.22
AXISBANK	25,150	54,629	0.46	-1,550	-5,090	0.30
BAJAJ-AUTO	14,882	28,282	0.53	117	946	0.12
BAJAJFINSV	14,158	21,585	0.66	-214	1,077	-0.20
BAJFINANCE	23,894	40,935	0.58	510	51	10.00
BANDHANBNK	7,644	11,409	0.67	0	-1	0.00
BANKBARODA	12,254	15,660	0.78	-15	-1,101	0.01
BANKINDIA	3,503	5,069	0.69	192	369	0.52
BDL	8,849	22,032	0.40	563	1,308	0.43
BEL	27,119	61,316	0.44	33	-525	-0.06
BHARATFORG	4,223	7,045	0.60	19	148	0.13
BHARTIARTL	19,509	40,098	0.49	79	40	1.98
BHEL	8,871	18,412	0.48	-6	464	-0.01
BIOCON	6,434	12,847	0.50	21	-144	-0.15
BLUESTARCO	1,455	1,912	0.76	76	156	0.49
BOSCHLTD	1,653	3,455	0.48	40	268	0.15
BPCL	5,543	9,774	0.57	99	666	0.15
BRITANNIA	6,594	10,119	0.65	193	1,055	0.18
BSE	18,160	37,137	0.49	-41	-443	0.09
CAMS	4,799	7,486	0.64	461	149	3.09
CANBK	12,454	15,117	0.82	450	-939	-0.48
CDSL	9,744	23,585	0.41	185	1,614	0.11
CGPOWER	4,897	11,201	0.44	271	2,197	0.12
CHOLAFIN	5,737	9,263	0.62	2,164	3,644	0.59
CIPLA	10,100	15,663	0.64	15	195	0.08
COALINDIA	12,814	13,073	0.98	275	147	1.87
COFORGE	8,725	20,006	0.44	41	-142	-0.29
COLPAL	6,928	11,561	0.60	422	868	0.49
CONCOR	7,811	10,409	0.75	175	249	0.70
CROMPTON	6,258	11,927	0.52	-88	156	-0.56
CUMMINSIND	3,912	5,223	0.75	342	740	0.46
CYIENT	2,558	3,578	0.71	623	638	0.98
DABUR	6,092	11,651	0.52	198	482	0.41
DALBHARAT	2,870	3,902	0.74	-10	67	-0.15
DELHIVERY	3,934	6,543	0.60	20	166	0.12
DIVISLAB	6,669	9,536	0.70	85	451	0.19
DIXON	37,828	67,439	0.56	2,203	4,918	0.45
DLF	16,867	26,775	0.63	314	777	0.40
DMART	7,151	15,549	0.46	-25	-34	0.74
DRREDDY	5,303	10,611	0.50	-32	-217	0.15
EICHERMOT	11,544	15,951	0.72	738	-73	-10.11
ETERNAL	19,358	36,597	0.53	81	412	0.20
EXIDEIND	4,225	6,279	0.67	181	525	0.34
FEDERALBNK	8,307	8,291	1.00	194	277	0.70
FORTIS	3,624	8,559	0.42	90	-146	-0.62
GAIL	13,493	20,382	0.66	-44	-314	0.14
GLENMARK	7,942	11,310	0.70	-90	406	-0.22
GMRAIRPORT	11,049	19,820	0.56	250	321	0.78
GODREJCP	3,651	5,823	0.63	-272	-68	4.00
GODREJPROP	7,080	11,856	0.60	68	140	0.49
GRASIM	9,490	8,770	1.08	-19	138	-0.14
HAL	28,497	57,464	0.50	595	755	0.79
HAVELLS	3,690	4,987	0.74	147	200	0.73
HCLTECH	11,394	20,547	0.55	-131	388	-0.34
HDFCAMC	5,368	7,150	0.75	735	702	1.05
HDFCBANK	43,347	75,636	0.57	713	12,441	0.06
HDFCLIFE	7,265	17,511	0.41	-362	-1,581	0.23
HEROMOTOCO	12,990	22,112	0.59	56	3,695	0.02
HFCL	4,646	11,753	0.40	-268	-249	1.08
HINDALCO	15,764	21,905	0.72	272	796	0.34
HINDPETRO	3,925	6,956	0.56	59	79	0.75
HINDUNILVR	9,993	21,008	0.48	99	932	0.11
HINDZINC	25,956	38,972	0.67	1,864	5,324	0.35
HUDCO	6,295	14,321	0.44	-64	24	-2.67
ICICIBANK	33,658	56,440	0.60	1,600	6,122	0.26
ICICIGI	3,110	5,719	0.54	47	232	0.20
ICICIPRULI	2,287	4,986	0.46	-28	180	-0.16
IDEA	15,094	25,805	0.58	-123	-711	0.17
IDFCFIRSTB	9,816	12,714	0.77	166	140	1.19
IEX	8,425	11,562	0.73	14	-15	-0.93
IIFL	2,655	4,484	0.59	54	180	0.30
INDHOTEL	5,996	10,234	0.59	218	1,041	0.21
INDIANB	4,782	12,300	0.39	-49	286	-0.17
INDIGO	50,989	1,08,005	0.47	-617	-1,029	0.60
INDUSINDBK	13,077	19,083	0.69	237	644	0.37
INDUSTOWER	8,792	15,394	0.57	74	-66	-1.12
INFY	39,030	63,190	0.62	1,057	1,470	0.72
INOXWIND	6,865	13,926	0.49	-131	-30	4.37
IOC	7,953	12,251	0.65	723	-361	-2.00
IRCTC	7,564	11,128	0.68	261	78	3.35
IREDA	5,028	10,378	0.48	92	78	1.18
IRFC	4,710	9,674	0.49	151	159	0.95
ITC	21,738	34,986	0.62	-149	797	-0.19
JINDALSTEL	5,483	9,289	0.59	-23	378	-0.06
JIOFIN	17,954	26,934	0.67	-62	1,117	-0.06
JSWENERGY	10,132	15,075	0.67	-34	-62	0.55
JSWSTEEL	12,648	29,014	0.44	-116	551	-0.21
JUBLFOOD	5,970	10,957	0.54	195	1,216	0.16
KALYANKJIL	4,866	9,157	0.53	94	378	0.25
KAYNES	31,035	78,341	0.40	481	2,134	0.23
KEI	2,792	3,920	0.71	632	371	1.70
KFINTECH	4,249	6,802	0.62	7	64	0.11
KOTAKBANK	17,978	21,618	0.83	-676	442	-1.53
KPITTECH	3,807	6,585	0.58	178	180	0.99
LAURUSLABS	5,309	9,819	0.54	134	-99	-1.35
LICHSGFIN	7,629	10,091	0.76	9	-34	-0.26
LICI	6,025	12,175	0.49	-210	215	-0.98
LODHA	4,740	12,387	0.38	367	1,934	0.19
LT	17,994	31,865	0.56	-501	-324	1.55
LTF	5,114	8,110	0.63	138	315	0.44
LTIM	4,586	6,057	0.76	108	431	0.25
LUPIN	5,249	6,886	0.76	155	62	2.50
M&M	17,009	33,029	0.51	-299	369	-0.81
MANAPPURAM	3,763	5,646	0.67	54	246	0.22
MANKIND	2,441	5,115	0.48	44	116	0.38
MARICO	3,144	5,389	0.58	60	225	0.27
MARUTI	29,527	31,902	0.93	-107	1,006	-0.11
MAXHEALTH	7,092	12,716	0.56	2,044	2,582	0.79
MAZDOCK	9,975	23,277	0.43	-139	656	-0.21
MCX	15,480	24,030	0.64	422	1,162	0.36
MFSL	2,430	4,741	0.51	-2	258	-0.01
MOTHERSON	7,497	9,460	0.79	-17	220	-0.08
MPHASIS	3,555	4,854	0.73	86	168	0.51
MUTHOOTFIN	6,324	11,239	0.56	-55	-538	0.10
NATIONALUM	6,908	8,457	0.82	208	645	0.32
NAUKRI	5,996	7,077	0.85	1	2	0.50
NBCC	3,322	8,259	0.40	127	1,269	0.10
NCC	3,734	8,792	0.42	-59	-264	0.22
NESTLEIND	4,348	14,408	0.30	-72	564	-0.13
NHPC	3,229	7,183	0.45	26	124	0.21
NMDC	10,161	13,661	0.74	253	397	0.64
NTPC	13,739	22,769	0.60	-46	-77	0.61
NUVAMA	2,371	4,184	0.57	227	35	6.49
NYKAA	2,671	7,004	0.38	87	24	3.63
OBEROIRLTY	3,572	5,890	0.61	71	122	0.58
OFSS	6,709	9,716	0.69	-268	355	-0.75
OIL	2,522	4,879	0.52	41	312	0.13
ONGC	11,101	26,963	0.41	352	866	0.41
PAGEIND	3,508	8,496	0.41	148	579	0.26
PATANJALI	4,258	9,343	0.46	372	624	0.60
PAYTM	7,871	14,339	0.55	150	1,456	0.10
PERSISTENT	6,466	11,383	0.57	114	666	0.17
PETRONET	8,933	8,472	1.05	-107	-362	0.30
PFC	20,953	36,062	0.58	45	-712	-0.06
PGEL	7,956	12,468	0.64	170	323	0.53
PHOENIXLTD	1,792	3,616	0.50	132	186	0.71
PIDILITIND	1,943	2,737	0.71	-9	215	-0.04
PIIND	3,493	5,963	0.59	-102	249	-0.41
PNB	11,607	21,467	0.54	24	-1,102	-0.02
PNBHOUSING	7,335	11,893	0.62	28	-74	-0.38
POLICYBZR	6,730	9,346	0.72	621	695	0.89
POLYCAB	6,551	8,433	0.78	2,412	2,312	1.04
POWERGRID	10,618	17,336	0.61	-71	-362	0.20
POWERINDIA	3,957	10,440	0.38	-101	-484	0.21
PPLPHARMA	2,938	6,995	0.42	66	-229	-0.29
PRESTIGE	2,806	4,385	0.64	25	160	0.16
RBLBANK	4,868	8,127	0.60	82	439	0.19
RECLTD	22,050	35,201	0.63	292	-16	-18.25
RELIANCE	50,378	99,108	0.51	1,290	1,247	1.03
RVNL	6,354	12,966	0.49	-12	446	-0.03
SAIL	5,888	10,608	0.56	-53	-54	0.98
SAMMAANCAP	6,860	13,989	0.49	189	1,645	0.11
SBICARD	4,946	8,094	0.61	13	609	0.02
SBILIFE	5,726	11,755	0.49	-576	-303	1.90
SBIN	42,465	61,521	0.69	2,476	-5,939	-0.42
SHREECEM	2,372	5,399	0.44	35	-443	-0.08
SHRIRAMFIN	13,396	24,210	0.55	755	3,081	0.25
SIEMENS	9,148	18,134	0.50	243	257	0.95
SOLARINDS	4,311	10,975	0.39	415	373	1.11
SONACOMS	2,563	5,898	0.43	-33	325	-0.10
SRF	7,175	9,835	0.73	59	465	0.13
SUNPHARMA	6,647	19,997	0.33	-244	-1,154	0.21
SUPREMEIND	4,355	7,238	0.60	-375	-632	0.59
SUZLON	10,398	24,566	0.42	-235	873	-0.27
SYNGENE	1,437	3,049	0.47	7	210	0.03
TATACONSUM	5,402	10,125	0.53	268	15	17.87
TATAELXSI	5,550	15,386	0.36	87	332	0.26
TATAMOTORS	0	0	0.00	6	-117	-0.05
TATAPOWER	19,310	26,987	0.72	-57	216	-0.26
TATASTEEL	15,948	26,544	0.60	463	223	2.08
TATATECH	4,676	7,530	0.62	67	14	4.79
TCS	37,963	49,545	0.77	306	635	0.48
TECHM	7,639	10,419	0.73	257	843	0.30
TIINDIA	4,675	7,908	0.59	-26	164	-0.16
TITAGARH	2,619	5,279	0.50	8	113	0.07
TITAN	13,906	21,414	0.65	-758	144	-5.26
TMPV	40,718	87,565	0.47	454	303	1.50
TORNTPHARM	1,206	2,694	0.45	70	44	1.59
TORNTPOWER	1,933	3,266	0.59	-90	27	-3.33
TRENT	26,189	51,421	0.51	-459	1,470	-0.31
TVSMOTOR	9,626	9,725	0.99	159	173	0.92
ULTRACEMCO	11,324	19,292	0.59	193	425	0.45
UNIONBANK	5,553	8,376	0.66	-9	95	-0.09
UNITDSPR	7,469	9,030	0.83	941	345	2.73
UNOMINDA	2,837	5,105	0.56	5	107	0.05
UPL	4,805	6,904	0.70	187	159	1.18
VBL	10,033	24,115	0.42	-106	470	-0.23
VEDL	40,864	43,603	0.94	2,325	2,769	0.84
VOLTAS	6,318	8,098	0.78	-143	895	-0.16
WIPRO	11,083	13,898	0.80	290	130	2.23
YESBANK	6,447	13,295	0.48	24	-11	-2.18
ZYDUSLIFE	3,379	4,800	0.70	19	-142	-0.13

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 ADANIENSOL

ADANIENSOL

360ONE

ABB

ABCAPITAL

ADANIENSOL

ADANIENT

ADANIGREEN

ADANIPORTS

ALKEM

AMBER

AMBUJACEM

ANGELONE

APLAPOLLO

APOLLOHOSP

ASHOKLEY

ASIANPAINT

ASTRAL

AUBANK

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