![]() Always conduct thorough research and consult with your own investment advisor to ensure that any investment decisions align with your individual financial objectives.īy accessing and using the information provided on this website, you acknowledge and agree that you are solely responsible for your investment decisions. Your financial situation, risk tolerance, and investment goals should be carefully considered before implementing any strategies discussed on this platform.Īdditionally, we may not be aware of your specific financial circumstances, and our content should not be considered a substitute for personalized advice. It is strongly recommended that you seek the advice of a qualified investment professional or a SEBI Registered Advisor before making any investment decisions. ![]() We, the authors and contributors, shall not be held responsible for any financial outcomes, including but not limited to profit or loss, arising from the use of the information on this website. Please be aware that investing in financial markets involves inherent risks, and past performance is not indicative of future results. We do not guarantee the accuracy or completeness of the content, and any decisions based on the information provided are at your own risk. It is important to note that the information presented should not be construed as financial advice. I am not a SEBI Registered Advisor, and the analysis provided on this website is intended solely for educational purposes. Now Let’s see the 5 Min Chart of RELIANCE below on 15th July 2020 and how could we trade using the Pivot Levels to trade both long side and short side. This gave us the following Pivot Levels: Pivot Point =1916 Resistance 1 =1944 Resistance 2 = 1970 Support 1 = 1889 Support 2 = 1860 On 14th July 2020 RELIANCE had the following data: Let’s take another example of using Woodie’s Pivot levels to trade both Long and Short trade High made was exactly 10827Īnother Trade Traders can go Short below R1 with SL of 30 points and target of Pivot The first target for the trade is Resistance 2 ie.10827, At this level a trader can either book profit or trail its position by keeping Sl at the entry price. As per the Woodies Pivot Level System we take a long trade above R1 ie.10703 Keeping Sl of 30 Points NIFTY 50 Opened at 10701 and immediately started going up. Now Let’s see the 5 Min Chart of NIFTY 50 below on 15th July 2020 and how could we trade using the Woodie’s Pivot Point This gave us the following Pivot Levels: Pivot Point =10633 Resistance 1 =10703 Resistance 2 = 10826 Support 1 = 10510 Support 2 = 10440
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