Fin Feed: Forum

To test this feature, visit your live site.

Edited: Oct 08, 2022

Support & Resistance Calculator

in General Chat

Make your own sheet or you use this excel with all the embedded formulas.

Support – Any point where a falling stock price meets enough buyers to arrest the fall.

Resistance – Any point where a rising stock price meets enough sellers to stop the rising stock price.

Formulas to calculate support, resistances & pivot points

Pivot Point = (Previous Session High + Previous Session Low + Previous Session Close)/3

Resistance Level 1 = (2 x Pivot Point) – Previous Session Low

Support Level 1 = (2 x Pivot Point) – Previous High

Resistance Level 2 = (Pivot Point – Support Level 1) + Resistance Level 1

Support Level 2 = Pivot Point – (Resistance Level 1 – Support Level 1)

Resistance Level 3 = (Pivot Point – Support Level 2) + Resistance Level 2

Support Level 3 = Pivot Point – (Resistance Level 2 – Support Level 2)

FOR INTRADAY

Use previous day high, low & closing price.

FOR SWING OR POSITIONAL

Use previous week (swing) & previous month (positional) candle high, low & closing price.

You can always use "Pivot Points Standard" indicator on tradingview to get these values plotted on chart.

Comment below your doubts. I'll make sure to reply to all of them.

*FOR FULL FEATURES USE IT ON GOOGLE SHEETS. JUST COPY THE SHEET FROM EXCEL AND PASTE IT ON GOOGLE SHEETS

39 comments

Comments (39)

Sachidananda Aravind

Apr 04, 2023

from where to get current market price...is it after the market opens?

Financial Vines

Apr 05, 2023

•

Replying to

Best results in after market. But keep in mind these are mathematically calculated S&R always check charts before marking them.

You can also use Tradingview's Pivot Points Standard Indicator to automatically mark them on the chart

Sachidananda Aravind

Apr 05, 2023

Replying to

got it..thank you

mohammedmuzeeb786

Oct 05, 2022

where do I get values for last week in swing trading

Financial Vines

Oct 05, 2022

•

Replying to

Check chart on trading view in weekly time frame.

vamit5682

Sep 28, 2022

Thanx

Financial Vines

Sep 28, 2022

•

Replying to

Welcome ! Happy Trading ! 😃

vyankateshpidiyar44

Sep 27, 2022

Hi, Mam

I am vyankatesh I want to earn money in within 1-2 months I want earn 30-40 percentage in 1-2 months which is good share for me or any company names or any suggestions to me please give to me .

Example- investment 15,000

I want earn only 50% margin in my investment for 1-2 months long holding .give me suggestions for how. To finding and how to buy/sell shares .

Thank you,

Vyankatesh pidiyar.

Financial Vines

Sep 28, 2022

•

Replying to

Hi. There is no sure shot way to earn money in stock market. No one can promise you any % of returns. Even after years of practice and experience traders tend to make a humble retun of 20-25% annually. If someone tells you that they can manage your money and provide you such returns will be considered a scam or false information. Do not fall for such traps. If you want to start earning money in stock market, Educate yourself, build your base first and within no time you'll be earning by yourself. I recommend to read and watch whatever financial content you get on stock market. You can always go through to all of my IG reels & content here it would sure add value. If you have any doubts you can always message me here 😃

Abdul Azim

Sep 25, 2022

I FIXED EROOR

PLEASE DOWNLOD IT

THANKS, MAM, FOR PROVIDE THIS VALUABLE KNOLEDGE

harish kumar

Sep 25, 2022

How to find the trend is bullish or bearish u ve not mentioned that plz explain that mam...

Financial Vines

Sep 25, 2022

•

Replying to

If current price is greater than pivot price the trend is bullish. If it is above resistance 1 then its very bullish. If its below pivot price trend is bearish & if the price is below support 1 trend is very bearish