TradingView Indicator Invite-only

NIFTY Option Chain With Technical Rating

A NIFTY option chain on your TradingView chart, with price, change, volume and moving-average, oscillator and total technical ratings for each strike.

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Published 4 August 2024 · Version 1

NIFTY Option Chain With Technical Rating
NIFTY futures 1-hour chart with an option chain table showing, for each strike, call and put prices, price change and technical ratings from Strong Sell to Strong Buy

Option chains usually live on a broker’s website, away from your chart. This script brings the NIFTY option chain onto TradingView, and adds a technical rating for every strike.

What it shows

For each strike, with calls and puts side by side:

  • the option’s price and price change,
  • the volume change, and
  • three technical ratings: moving averages, oscillators, and a combined total.

Ratings are colour-coded, and you can choose the colours.

How it works

  • NIFTY only. It works on NIFTY and NIFTY1! (NIFTY futures). On any other symbol it shows an error message.
  • Expiry date: calculated automatically, with a manual override for when the automatic date is wrong, for example around holidays or when the exchange changes its expiry schedule.
  • ATM strike: calculated automatically from the current NIFTY or NIFTY futures price. Because of a Pine Script limitation, switch off the automatic option during market hours and enter the ATM strike yourself.
  • ITM and OTM strikes are calculated around the ATM strike, so the chain stays centred on the strikes that matter.
  • Timeframe: the timeframe used for the ratings. The default is daily.

Access

This is an invite-only script. Use the Request access button to ask by email, and include your TradingView username.

Examples

On the chart

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Educational tool only, not investment advice. Statistics and backtests describe past data and do not predict future results.