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How to use combination of PCR and India VIX — complete Hindi guide for market sentiment analysis.
Published by The Retail Trader · AUG 13, 2026 · Features
How to use combination of PCR and India VIX — complete Hindi guide for market sentiment analysis.
Keep these five points in mind:
• Measures — PCR: Put/Call ratio (positions), India VIX: Expected volatility (fear)
• Data — PCR: Option chain OI, India VIX: Option prices
• Scale — PCR: Variable, India VIX: Percentage
• Signal — PCR: Sentiment (bullish/bearish), India VIX: Fear level
• Best for — PCR: Direction, India VIX: Volatility
Keep these five points in mind:
• > 1.2 — VIX: < 15, Market State: Calm bullish, Strategy: Hold longs
• > 1.5 — VIX: > 20, Market State: Fearful but supported, Strategy: Strong buy
• < 0.8 — VIX: < 15, Market State: Complacent bearish, Strategy: Caution
• < 0.5 — VIX: > 25, Market State: Panic + bearish, Strategy: Contrarian buy
• > 2.0 — VIX: > 30, Market State: Extreme fear, Strategy: Bottom signal
PCR measures POSITIONS (who's selling puts vs calls) VIX measures FEAR (how much premium people are paying)
When both agree → Strongest signal. When they disagree → Caution needed.
Keep these seven points in mind:
• 📌 PCR + VIX COMBO
• STRONGEST SIGNALS:
• 📊 High PCR + High VIX = Maximum fear = BUY
• 📊 Low PCR + Low VIX = Maximum complacency = SELL
• 📊 Both agree = Highest confidence
• 📊 Disagree = Wait for clarity
Keep these four points in mind:
• What is Put-Call Ratio?
• What Is India VIX?
• How to Read an Option Chain?
• What Is Implied Volatility?
The Retail Trader — educational market analysis. Not investment advice.
This article is for educational purposes only. It is not a buy or sell recommendation, a claim of guaranteed returns, or advisory guidance. Exchanges, SEBI and RBI change rules, rates and procedures from time to time, so verify every figure with your broker or an official source.