#NSE #BSE #VIX #NIFTY #PCR - Has anyone of you using #SMR indicator while trading an Index?  http://twitpic.com/7drvbx SMR is  VIX/PCR . What should the ideal cap value be for SMR. It wont be going to above 30 (leave alone going to above 60) as quoted in the image be changed as in recent past VIX majority of times trades between 20-30. PCR range is between 1 to 1.8.