What is the use of 'Support & Resistance' option in the FYERS 2.0 App?

What is the use of 'Support & Resistance' option in the FYERS 2.0 App?

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:



    • Related Articles

    • What languages does the Fyers App support?

      The Fyers App offers a diverse range of language options to cater to our varied user base. The supported languages include English, Hindi, Kannada, Tamil, Telugu, Marathi, and Gujarati. This multilingual support is designed to enhance accessibility ...
    • How to use the Straddle and Greeks tabs in FYERS Options Chain?

      Put–Call Ratio (PCR) and Max Pain are quick sentiment and expiry-reference indicators shown right on the FYERS Options Chain. Use them together to understand positioning (PCR) and the strike around which expiry can gravitate (Max Pain). FYERS App Go ...
    • Will the Fyers app support Android 9 and older versions?

      Unfortunately, the Fyers app will no longer support Android version 9 and below. Google has ceased security updates for these versions, and to ensure optimum security and performance for our users, we've had to make this decision. Implications for ...
    • What is the FYERS Scalper Terminal and how do I use it?

      What is the FYERS Scalper Terminal and how do I use it? The FYERS Scalper Terminal is a web-based interface designed for high-speed options trading. It offers real-time market depth, charting of option legs, and instant order execution. It is only ...
    • What is 'Intraday' option in FYERS?

      The 'Intraday' option in FYERS allows you to place buy and sell orders that must be squared off within the same trading day. It applies to both equity and derivatives segments. Key points: Use 'Intraday' if you plan to buy and sell stocks or ...