Pivot point calculator NIFTY | No proof if you can make money in this method
Pivot calculator supports trader to find near resistance and support for the trading shares. Nse exchange provides plenty of technical tools for investors and trader on nseindia.com website. One of the reliable and commonly using tools to find resistant and support for the index and share is pivot point calculator.
Time frame 30 minutes or 1 hr for pivot point is the best results for intraday trading.
The center line is the pivot point for the intraday and in the top side three lines shows the resistance level of the day, in the bottom of the pivot line three support lines give the day support level, this support and resistance level gives idea to the traders to take a long or short position for the day trade. Same way this resistance and support level give the target level for the positions.