How To Trade Nifty Using Pivot Point – Video Lesson

Intraday traders have to go through this term “Pivot Point” as it is the ultimate support-resistance strategy of all time. Support and Resistance level are the key factor in trading, without them, it is considered as blind trade. The specific study or Pivot was developed by floor traders of equity and commodity exchange. The word “pivot” means the central point or pin on which a mechanism oscillates. Here also, the indicator displays the same meaning. From the pivot point, the support and resistance level turn around. There is at least five version of Pivot points, we will discuss them later. The main discussion of the article is going to be “how to trade nifty using Pivot Point”. Before step into the main discussion, it’s important to provide a basic idea regarding what the Pivot Point is. Read More