Many Sugar stocks rebouded strongly today. Let see if the follow up move comes tomorrow
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So far the results is good and satisfactory. Its an Option Buying Algo for Trend Trading intraday.
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Following Implications of PCR may prove extremely useful to you.
1. Markets Rallying & PCR Rallying:- If the PCR is rallying it means Put Volumes is exceeding the Call Volumes and people are getting bearish and shorting the stocks & Indices. With rising markets we can say that people are selling into the strength and they don't believe in rally. This is a sign that rally will continue.
2. Markets Rallying & PCR Falling :- Contrary to the above here people are believing the rally and chasing it. Here is the sign of market reversal.
3. Markets Falling & PCR Rallying :- Increase in PCR along with fall in markets shows the panic. Here people are scared and panicking. A sign that short term bottom is formed and the decline is about to end.
4. Markets falling & PCR Falling :- Here people are bullish and using the markets weakness as buying opportunities. A sign that the fall in markets will continue.
1. Markets Rallying & PCR Rallying:- If the PCR is rallying it means Put Volumes is exceeding the Call Volumes and people are getting bearish and shorting the stocks & Indices. With rising markets we can say that people are selling into the strength and they don't believe in rally. This is a sign that rally will continue.
2. Markets Rallying & PCR Falling :- Contrary to the above here people are believing the rally and chasing it. Here is the sign of market reversal.
3. Markets Falling & PCR Rallying :- Increase in PCR along with fall in markets shows the panic. Here people are scared and panicking. A sign that short term bottom is formed and the decline is about to end.
4. Markets falling & PCR Falling :- Here people are bullish and using the markets weakness as buying opportunities. A sign that the fall in markets will continue.
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