Fin NIFTY PCR Autotrender calculates the Put-call ratio of Fin Nifty minute by minute and displays it in a PCR table. Also, included are the PCR chart and Open Interest data table.
Fin Nifty is different than Bank Nifty, since it includes NBFCs like Bajaj Finance and insurance companies like SBI Life Insurance in addition to the banks like HDFC Bank and State Bank.
Like Nifty PCR and Bank NIFTY PCR, we consider the current spot price of Fin Nifty and collect the closest 8 strike prices. These are then included in the Open Interest table, from which we calculate the PCR.
The NSE Option chain also includes many more strikes which are much away from the current spot, but we ignore them, since as per our opinion, their data is not relevant, plus there have been instances in the past where far away strikes open positions were manipulated leading to misguided PCR generated.
Below is the Fin Nifty Open Interest table
FIN NIFTY OI TABLE
| CALL | ॐ | PUT | ||||||
|---|---|---|---|---|---|---|---|---|
| LTP | OI | Chg-OI | IV | Strike | IV | Chg-OI | OI | LTP |
| 662.05 | 5 | 0 | 11.14 | 24650 | 20.98 | 0 | 0 | 329.15 |
| 625.60 | 15 | 15 | 11.59 | 24700 | 15.17 | 41 | 42 | 206.15 |
| 592.05 | 6 | 0 | 11.32 | 24750 | 15.36 | 0 | 10 | 224.00 |
| 558.20 | 49 | 29 | 11.48 | 24800 | 15.13 | 100 | 101 | 238.40 |
| 528.00 | 6 | 0 | 11.44 | 24850 | 15.30 | 0 | 17 | 255.50 |
| 493.95 | 44 | 28 | 11.80 | 24900 | 15.14 | 282 | 282 | 269.20 |
| 466.20 | 214 | 0 | 11.89 | 24950 | 14.87 | 0 | 101 | 287.15 |
| 437.00 | 1179 | 417 | 11.94 | 25000 | 15.05 | 556 | 1366 | 309.80 |
| 412.00 | 172 | 0 | 11.93 | 25050 | 14.89 | 0 | 112 | 331.80 |
| 384.00 | 431 | 377 | 11.97 | 25100 | 15.02 | 259 | 319 | 356.10 |
| 359.55 | 13 | 0 | 11.82 | 25150 | 15.38 | 0 | 25 | 375.00 |
| 324.60 | 211 | 178 | 11.92 | 25200 | 14.90 | 104 | 104 | 400.65 |
| 309.30 | 15 | 0 | 11.93 | 25250 | 14.31 | 0 | 9 | 410.10 |
| 279.95 | 116 | 71 | 11.95 | 25300 | 15.38 | 63 | 63 | 465.50 |
| 259.60 | 25 | 0 | 11.94 | 25350 | 15.51 | 0 | 3 | 487.50 |
| 243.70 | 91 | 66 | 12.16 | 25400 | 15.34 | 65 | 65 | 520.40 |
| 221.00 | 14 | 0 | 12.00 | 25450 | 15.43 | 0 | 5 | 548.95 |
| Total: | 0.03 Lacs | 0.01 Lacs | 0.01 Lacs | 0.03 Lacs | ||||
For calculating the Fin Nifty PCR table, we use Changes in Open Interest, rather than Open Interest, since we believe that Changes in OI gives a more relevant PCR information for intraday trades.
This information is compiled every minute for which the data is available, and added to the Finnifty PCR table below.
FIN NIFTY PCR TABLE
| Time | Call | Put | PCR | Option Signal | VWAP | FIN Nifty FUT | VWAP Signal | Action |
|---|---|---|---|---|---|---|---|---|
| 14:06 | 1,181 | 1,470 | 1.24 | BUY CALL | 25,153 | 25,120 | BUY PUT | No Action |
| 14:01 | 1,187 | 1,503 | 1.27 | BUY CALL | 25,153 | 25,138 | BUY PUT | No Action |
| 14:00 | 1,185 | 1,503 | 1.27 | BUY CALL | 25,153 | 25,138 | BUY PUT | No Action |
| 13:55 | 1,177 | 1,513 | 1.29 | BUY CALL | 25,153 | 25,138 | BUY PUT | No Action |
| 13:53 | 1,181 | 1,507 | 1.28 | BUY CALL | 25,154 | 25,116 | BUY PUT | No Action |
| 13:49 | 1,177 | 1,509 | 1.28 | BUY CALL | 25,155 | 25,121 | BUY PUT | No Action |
| 13:47 | 1,149 | 1,480 | 1.29 | BUY CALL | 25,156 | 25,144 | BUY PUT | No Action |
| 13:43 | 1,141 | 1,487 | 1.30 | BUY CALL | 25,156 | 25,147 | BUY PUT | No Action |
| 13:41 | 1,141 | 1,442 | 1.26 | BUY CALL | 25,156 | 25,146 | BUY PUT | No Action |
| 13:38 | 1,152 | 1,408 | 1.22 | BUY CALL | 25,156 | 25,174 | BUY CALL | BUY CALL |
For better visualization, we include a Finnifty PCR chart which tracks the movement of the PCR as the day progresses. Below is the Fin Nifty PCR chart:
FIN NIFTY PCR CHART
