Comment on Latest Pi update - 29th Feb 2016

Nithin Kamath commented on 13 Jun 2016, 11:05 AM

Chandru,

To plot pivot points on the chart, we need previous days OHLC. The formula used is
R3 = H + 2( Pivot – L)
R2 = Pivot + ( H – L )
R1 = ( 2 x Pivot ) – L
Pivot = ( H + L + C ) / 3
S1 = ( 2 x Pivot ) – H
S2 = Pivot – ( H – L )
S3 = L – 2( H – Pivot )

Since we currently don’t store previous day’s OHLC for BSE stocks, you are not able to see the pivot points.

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