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.