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source: https://www.niftytrader.in/
High:
Low:
Close:
Open:
Classic Woodie's Camarilla DeMark's
Resistance 4
Resistance 3
Resistance 2
Resistance 1
Pivot Point
Support 1
Support 2
Support 3
Support 4

 

Classic Pivots: Most popular Pivot Points.

Pivot Point (P) = (High + Low + Close)/3S1 = P * 2 – High 

 

S2 = P – (High – Low)

R1 = P * 2 – Low

R2 = P + (High – Low)

 

Woodie’s Pivots:

R4 = R3 + (H – L)R3 = H + 2 * (P – L) 

 

R2 = P + (H – L)

R1 = (2 * P) – LOW

P = (HIGH + LOW + (OPEN * 2)) / 4

S1 = (2 * P) – HIGH

S2 = PP – (H – L)

S3 = L – 2 * (H – P)

S4 = S3 – (H – L)

 

Camarilla Pivots:

R4 = (H – L) * 1.1/2 + CR3 = (H – L) * 1.1/4 + C 

 

R2 = (H – L) * 1.1/6 + C

R1 = (H – L) * 1.1/12 + C

S1 = C – (H – L) * 1.1/12

S2 = C – (H – L) * 1.1/6

S3 = C – (H – L) * 1.1/4

S4 = C – (H – L) * 1.1/2

 

 

Demark Pivots:

 are conditional on the relationship between the close and the open.

If Close < Open, then X = High + (2 * Low) + CloseIf Close > Open, then X = (2 * High) + Low + Close 

 

If Close = Open, then X = High + Low + (2 * Close)

Pivot Point (P) = X/4

Support 1 (S1) = X/2 – High

Resistance 1 (R1) = X/2 – Low

 

 Fibonacci Pivots:

Pivot Point (P) = (High + Low + Close)/3Support 1 (S1) = P – (0.382 * (High – Low)) 

 

Support 2 (S2) = P – (0.6182 * (High – Low))

Support 3 (S3) = P – (1 * (High – Low))

Resistance 1 (R1) = P + (0.382 * (High – Low))

Resistance 2 (R2) = P + (0.6182 * (High – Low))

Resistance 3 (R3) = P + (1 * (High – Low))

 

Also Check:

8 COMMENTS

  1. Sir,
    In the developing pivots you are giving tomorrows pivot point today.There is considerable variation especially in Bank Nifty regular pivot points and developing pivot points.So i wanted to know whether we can take positions in options for “In the money , At the money and Out of the money ” strike prices in relevant Nifty and Stock options accorgingly ?
    — Expecting reply.
    Y/sincerely,
    Ashutosh Joshi.

    • Hi Ashutosh,

      Always use a combination of tools before taking a position. It is not wise to take positions solely on the basis of pivots. You should also consider other indicators like momentum, moving averages, RSI, breakouts etc.

      Even after a comprehensive analysis either keep your position small or hedge them, so any unexpected market moves do not wipe-out your capital.

      Note: The site is intended to empower traders by automating some of the calculations so they can spend more time on quality analysis. I would advise you to do some back-testing before using these numbers.

  2. Hi sir,

    Are these High/Lows current values or previous days High Lows?, Does pivot points work on present high/low values? meaning 1 hour after market opening? thanks.

  3. Pivot Point (P) = (High + Low + Close)/3S1 = P * 2 – High plz give me one exmaple for briefley i cant understans how can calculte 3s1 for in starting point know pivot point

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