What Is a Pivot Point Calculator?
A Pivot Point Calculator is a technical analysis tool used to determine potential support and resistance levels for the trading day. It uses the previous day's high, low, and close prices to compute key price levels such as the pivot point (P), resistance levels (R1, R2, R3), and support levels (S1, S2, S3).
These levels are widely followed by day traders and intraday scalpers to plan entries, exits, and stop losses in stocks, indices, and commodities. Our Pivot Point Calculator is especially useful for Indian traders operating in NSE equity and derivatives segments.
How to Use the Pivot Point Calculator
- Enter the Previous Day's High: Use the highest price traded in the previous session.
- Enter the Low: Input the lowest traded price for the same session.
- Enter the Close: Add the closing price of the previous trading day.
- Click "Calculate": Instantly receive Pivot, R1, R2, R3, S1, S2, and S3 values based on standard formulas.
These levels are plotted on intraday charts to serve as price action zones where trend reversals, consolidations, or breakouts often occur.
Benefits of Using a Pivot Point Calculator
- Improved Trade Entry: Identify key levels to time entries more precisely.
- Risk Management: Place stop losses below support and take profit near resistance.
- Strategy Building: Combine with price action or indicators to form a robust intraday strategy.
- Time-Saving: Quickly calculate levels without manual formulas or spreadsheets.
- Confidence Boost: Gain clarity and discipline with pre-defined price levels.
Practical Uses for Indian Traders
- Intraday equity traders on NSE looking for quick support/resistance levels.
- Futures & options traders preparing for market opening strategies.
- Swing traders analyzing short-term reversals using pivot clusters.
- Traders using price action or breakout strategies at pivot levels.
Whether you're trading stocks like RELIANCE, HDFC Bank, or indices like NIFTY and BANKNIFTY, pivot points provide critical directional cues.
FAQs – Pivot Point Calculator
1. What formula is used to calculate the pivot point?
The standard pivot point is calculated as: Pivot = (High + Low + Close) / 3
2. How are the support and resistance levels calculated?
- R1 = (2 × Pivot) − Low
- R2 = Pivot + (High − Low)
- R3 = High + 2 × (Pivot − Low)
- S1 = (2 × Pivot) − High
- S2 = Pivot − (High − Low)
- S3 = Low − 2 × (High − Pivot)
3. Which markets does this tool support?
Our calculator is ideal for NSE Cash, F&O, and commodity markets like MCX.
4. Is this useful for intraday or swing trading?
Both. Day traders use today's pivot levels, while swing traders often reference weekly or monthly pivots.
5. Can I use this tool with indicators?
Yes. Many traders combine pivot points with RSI, MACD, VWAP, or price action to enhance reliability.
Calculate Your Pivot Points Now
Stay one step ahead in the market with precise support & resistance levels using our Pivot Point Calculator.
Use the Calculatorpivot point calculator for intraday traders, how to calculate pivot points manually, pivot resistance support levels NSE, best tool for pivot trading India, support resistance calculator free, pivot levels for day trading stocks, pivot point charting tool India.