What is the use of 'Support & Resistance' option in the FYERS ?
Support and resistance are the two fundamental concepts in technical analysis. The support range prevents the price of a stock/contract from falling, acting as the support, whereas the resistance range prevents the price from going higher. The 'Support & Resistance' option helps the users to check out all the price levels of support and resistance.
For instance, the Support & Resistance of SBIN is displayed as below:
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