How to judge put call ratio, i watched today data on call side ratio is 0. 95 and on put side ratio is 0. 9, how to find out what is final?

General
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PCR is the ratio of the trading volumes of put options and call options.

PCR= No. of traded put options/ No. of traded call options.

A PCR of above 1 is said to be bullish and vice versa.

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PCR>1 is bearish.

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I do not know how to make sense of P/C ratio on intraday basis, but on daily basis here is the detail:

If the ratio is <1, thn OI of call contract’s is greater than OI of put contract’s.

If the ratio is >1, thn OI of put contract’s is greater than OI of call contract’s.

To derive the direction out of it, one need to look at historical data for tht month on how the underlying has moved.

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