Daily Pivot Points – Alice Blue
Get Daily and Weekly pivot points, market Trend and Range in Equity (NSE), Commodity (MCX) and Forex Trading. Use our hourly, daily, weekly and monthly pivot points to determine market sentiment in forex and other key assets.
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What is a Pivot Point?
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day. On a subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates the bearish sentiment.
How to Trade with Pivot Points
Pivot points are technical analysis indicators that represent an average of the high, low and closing prices from the prior trading day, and can be used to find likely support and resistance levels.
Refer to the hourly, daily, monthly and weekly pivot points to find likely support and resistance levels and boost the consistency of your trading. Learn more about utilizing pivot points with our guide to trading the pivot.