OPEN-SOURCE SCRIPT
NIFTY/BANK NIFTY/FIN NIFTY / MID CAP NIFTY option
This indicator provides support/resistance lines for NIFTY/BANK NIFTY/FIN NIFTY / MID CAP NIFTY option premium charts. Observe the price action on these lines. You will get rejection of price from these levels. Buying/selling at these levels will provide significantly smaller stop loss. Not to be used as a strategy or in isolation. It may provide S/R levels in stocks also.
Disclaimer: For educational purpose only. I used Chatgpt for this script as I do not know programming. If any clarification is required please write in the comments.
Disclaimer: For educational purpose only. I used Chatgpt for this script as I do not know programming. If any clarification is required please write in the comments.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Disclaimer
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