Example of Pivot Point Calculation and uses:

NSE Data for Bharati Tele on 01/02/2006 is taken for example for arriving at Pivot points for 02/02/2006. When data has been input in our Calculator page the following Pivot point and Resistance / Support Levels are obtained.

As you may notice in the chart given below, you may go long once the price crosses the Pivot point Rs. 352.80 where it finds support in the early hours of the day. Next resistance at Rs. 355.5 was crossed and later the resistance became support point From the price found last resistance at Rs. 365 just above R3.