📈 PCR Update: Hourly PCR stands at 0.58, while the monthly PCR registers 0.49. These figures indicate a relatively higher activity in options put volume compared to call volume recently.
📊 Indication and Strength: The current PCR ratios suggest a cautious sentiment in the market, leaning slightly towards put options. This can be interpreted as a moderate bearish signal, reflecting some investor uncertainty or hedging strategies amid market conditions.
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