Not trying to discourage anyone, but just for everyone's learning. These are pivot points and not necessarily the trading range for the day. These are simple calculation done of previous day's High/Low & Close price any does not include and economic development like a crash in US market or rally in global market.
Ramesh is doing a good job by sharing the pivot levels which gives a guidance of overall trend or sentiment in a particular scrip. If you want to include more scrips, you can do that yourself here - http://www.forextechniques.com/pivotcalc.html
Just put in the High,Low & Close price of any scrip,index,future and you will get Pivot.. If scrip open next day below pivot then there are chances of it getting lower and find support and S1,2,3 levels similarly above it will find resistance..
Hope you find it useful.. cheers
Ramesh is doing a good job by sharing the pivot levels which gives a guidance of overall trend or sentiment in a particular scrip. If you want to include more scrips, you can do that yourself here - http://www.forextechniques.com/pivotcalc.html
Just put in the High,Low & Close price of any scrip,index,future and you will get Pivot.. If scrip open next day below pivot then there are chances of it getting lower and find support and S1,2,3 levels similarly above it will find resistance..
Hope you find it useful.. cheers
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