OPEN-SOURCE SCRIPT

KATIK BankNifty Upside/Downside Levels

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The KATIK BankNifty Upside/Downside Levels (BNUDL) indicator plots key daily reference levels for BankNifty based on its opening price. Using a predefined daily move percentage, it calculates potential upside and downside levels from the open. The script displays:

Up Level (Green): Potential bullish threshold above the open

Down Level (Red): Potential bearish threshold below the open

Open Price (Blue Circles): Daily BankNifty opening level

This tool helps traders quickly identify intraday directional bias and potential support/resistance zones around the opening price.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.