ilmscore | Prediction Details
"So if it is below 1, which is 0.88, what does it mean? ... 0.88 means it is below 1, which means the market can remain bearish. ... And if the PCR is below 0.7, it means that the market has fallen too much and become too bearish Then it is possible that the market will come back up"
By Trade with Purab | September 15, 2024 | Pending
From video
What is Option Chain? | L-4 Options Trading Course | Trading with Purab 00:27:46 - 00:28:46
Interpreted Prediction
A Put Call Ratio (PCR) below 1 (specifically 0.88 in an example) suggests a bearish market outlook. A PCR below 0.7 indicates an oversold condition and potential for a market reversal upwards.

Prediction Details

Topic
Market Trend based on PCR Ratio

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