S-Support,R-Resistance R2-6434,R1-6323,pivot-6247,S1-6136,S2-6060& Formula for calculating s1,r1,pi,s2,s3,r2,r3. Res3= H + 2*(P-L), Res2= P + (Res1-Sup1), Res1= (2 * P)-L, Pivot Point P= ( H + C + L ) / 3, Sup1= (2 * P) - H, Sup2= P - (Res1-Sup1), Sup3= L - 2*(H-P), H-previous day high, L-privious day low, C-previous day close,, P-pivot point.
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Tuesday 7 January 2014
S1,S2,pivot,R1,R2 for this week & how to calculate it for intraday
S-Support,R-Resistance R2-6434,R1-6323,pivot-6247,S1-6136,S2-6060& Formula for calculating s1,r1,pi,s2,s3,r2,r3. Res3= H + 2*(P-L), Res2= P + (Res1-Sup1), Res1= (2 * P)-L, Pivot Point P= ( H + C + L ) / 3, Sup1= (2 * P) - H, Sup2= P - (Res1-Sup1), Sup3= L - 2*(H-P), H-previous day high, L-privious day low, C-previous day close,, P-pivot point.
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