Multiple questions from a newbie (Tradetiger users can help more!)

#1
1] I understand, around pivot point there is Resistance & Support levels of a share, But, when an amount written as says, pivot – 536. What is that pivot (Rs. 536) of a share? What does that pivot amount means…. Is it pivot points useful in intraday trades ?

2] How to know the DMA(Daily moving average ) of a particular share ? (anyway i can check this on sharekhan tradetiger software)

3] How to check live streaming commodity (MCX) prices on tradetiger..

4] What is A D S below nifty (see screenshot)


5] What does the number below "EQ AH open" shows? (See above image)

NOTE: I am into intraday trading and hence all questions above are related to intraday trade.
 
Last edited:

SavantGarde

Well-Known Member
#4
Craige,

Pivot Point Is Basically Trend Decider

Pivots Point

Resistance Points - Are Points Above The Pivot Where An Equity May Face Some Resistance

Support Points - Are Points Below The Pivot Where An Equity May Take Support & Bounce Back Up.

If An Equity Opens Above The Pivot Point Then Your Pivot Becomes The Next Support For It.

Similarly, If An Equity Opens Below The Pivot Point Then The Pivot Point Becomes The Resistance.

Same Is True Of All The Resistance Points & Support Points.

It Is Useful For Intraday Provided You Are Familiar With It.

Ideal Thing For You Would Be To Observe How An Equity Price Movement Is Behaving Around The Pivot, Supports & Resistances For A Couple Of Weeks.


Happy & Safer Trading

SavantGarde
 
#5
Thanks for your replies frnds,

I would like sum additional clarifications:

EQ AH Stands for afterhours, OK, BUT, What is the relation between monitoring afterhours numbers and live current share prices ?

ADS - It shows Advances & declines at the moment from current price(any XYZ) OR advances/declines from opening prices of the shares?

NEW question:
Buying nifty: How it works ?

If I buy nifty at 4300 and sold at 4310, that means I made a profit of 10Rs. Per share?
If I had bought 20 shares from above levels (4300), I made Rs. 200 Am I getting it right ?

How does monitoring F&O prices of an particular share affect its current prices in intraday tarde? How to monitor A little brief explanation will be appreciated. (Also if u refer image posted above there is FO 52137) how this affects current live market ?
 

bunny

Well-Known Member
#6
Craige,

Pivot Point Is Basically Trend Decider

Pivots Point

Resistance Points - Are Points Above The Pivot Where An Equity May Face Some Resistance

Support Points - Are Points Below The Pivot Where An Equity May Take Support & Bounce Back Up.

If An Equity Opens Above The Pivot Point Then Your Pivot Becomes The Next Support For It.

Similarly, If An Equity Opens Below The Pivot Point Then The Pivot Point Becomes The Resistance.

Same Is True Of All The Resistance Points & Support Points.

It Is Useful For Intraday Provided You Are Familiar With It.

Ideal Thing For You Would Be To Observe How An Equity Price Movement Is Behaving Around The Pivot, Supports & Resistances For A Couple Of Weeks.


Happy & Safer Trading

SavantGarde
Hello Savant sir,
Are pivots valid only on the intraday time frame or others too?
Ex: Is it valid to calculate weekly pivots by using weekly high & lows, and Friday's closing?

Also, are these pivots calculated on basis of golden ratio and Fibbonacci series?

Thank you.
 
#7
Are pivots valid only on the intraday time frame or others too?
I am a small INVESTOR and not a day trader. When I get my sale target on any day I check the Pivot adn resistance pints to decide on the ultimate sale price. similarly for buying.
 

Capricorn

Well-Known Member
#8
Hello Savant sir,
Are pivots valid only on the intraday time frame or others too?
Ex: Is it valid to calculate weekly pivots by using weekly high & lows, and Friday's closing?

Also, are these pivots calculated on basis of golden ratio and Fibbonacci series?

Thank you.
You can calculate weekly, monthly, or even yearly pivot points.

There are various pivot calculations however here is the most popular

The Classic Formulae

PP = (HIGH + LOW + CLOSE) / 3
S1 = (2 * PP) - HIGH
S2 = PP - RANGE
S3 = S2 - RANGE
R1 = (2 * PP) - LOW
R2 = PP + RANGE
R3 = R2 + RANGE

Cheers.:)
 

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