Put Call Ratio – PCR

Put-call ratio (PCR) is an indicator commonly used to determine the mood of the options market. Being a contrarian indicator, the ratio looks at options buildup, helps traders understand whether a recent fall or rise in the market is excessive and if the time has come to take a contrarian call. The ratio is calculated…

Market Tomorrow – 03rd November 2021

Sensex today closed at 60,029.06 −109.40 (0.18%) and Nifty closed  at 17,888.95 −40.70 (0.23%). The market was choppy today and have created a bearish momentum ahead of Diwali. Sensex is now above the psychological barrier of 60,000 and hence as tomorrow is weekly expiry date the Nifty may see upward of 18070 and down of 17820. If…