Tuesday, October 8, 2013

What does PCR suggest

PCR at 6000 strike price is just above 0.5 (the yellow line in the chart below),

and there has to be a build up of puts

at 6000 strike price and also short covering of 6000 Ce for this PCR to rise.

Till then bears will try hard to defend 6000.

 

PCR_0810

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