[go: up one dir, main page]
Scribd
Upload
3 views2 pages

Fibonacci Pivot Strategy With ShareMarketIntro

The document provides an introduction to shares and the share market, explaining the concept of ownership through shares and the two main market types: primary and secondary. It details the history and formula for Fibonacci Pivot Points, which combine traditional pivot formulas with Fibonacci ratios for improved accuracy in determining market support and resistance levels. Additionally, it outlines strategies for trading based on pivot points, including market bias, entry rules, and exit strategies.

Uploaded by

sahusahu708091
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
3 views2 pages

Fibonacci Pivot Strategy With ShareMarketIntro

The document provides an introduction to shares and the share market, explaining the concept of ownership through shares and the two main market types: primary and secondary. It details the history and formula for Fibonacci Pivot Points, which combine traditional pivot formulas with Fibonacci ratios for improved accuracy in determining market support and resistance levels. Additionally, it outlines strategies for trading based on pivot points, including market bias, entry rules, and exit strategies.

Uploaded by

sahusahu708091
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Fibonacci Pivot Points – History to Strategy +

Share Market Introduction


■ Introduction to Share and Share Market

1. Share kya hota hai?


- Share = Ownership ka ek hissa.
- Jab tum kisi company ka share kharidte ho, tum us company ke chhote se malik ban jaate ho.
- Company paisa raise karne ke liye apna ownership public ko bechti hai.

Fayda:
1. Capital Gain – Share price badhne par profit.
2. Dividend Income – Company ke profit ka hissa.

2. Share Market kya hai?


- Share market ek platform hai jaha shares kharide aur beche jaate hain.
- Do parts hote hain:
(A) Primary Market → IPO (first time shares bechna)
(B) Secondary Market → Daily trading on NSE/BSE

3. Participants:
- Investors (long term), Traders (short term), FIIs, DIIs.

4. Risk & Reward:


- Share market me high return milta hai, lekin risk bhi high hota hai.

■ History of Fibonacci Pivot Points

Pivot Point ka Background:


1900s ke starting me floor traders (pit traders) ne pivot points invent kiye. Unke paas computer aur
charting tools nahi the, isliye unhe ek simple formula chahiye tha jo agle din ke liye support aur
resistance levels calculate kar sake.

Fibonacci Ratio ka Origin:


Leonardo Fibonacci ne 1200s me Fibonacci sequence discover ki. Is sequence se important ratios
nikalte hain – 0.382, 0.618, 1.000 – jo baad me markets me use hone lage. Ye ratios natural market
rhythm aur crowd psychology ko represent karte hain.

Fibonacci Pivot Point ka Janm:


1980s–1990s me jab charting software popular huye, tab traders ne socha ki agar traditional pivot
formula ko Fibonacci ratios ke sath combine karein, to levels aur accurate banenge. Isi se
Fibonacci Pivot Point bana.

■ Formula (Step by Step)

1. Range Calculation:
Range = High – Low

2. Pivot Point:
Pivot = (High + Low + Close) / 3

3. Resistance Levels (R):


R1 = Pivot + (Range × 0.382)
R2 = Pivot + (Range × 0.618)
R3 = Pivot + (Range × 1.000)

4. Support Levels (S):


S1 = Pivot – (Range × 0.382)
S2 = Pivot – (Range × 0.618)
S3 = Pivot – (Range × 1.000)

■ Fibonacci Pivot Points – Usage

1. Agar price Pivot ke upar trade kar raha hai → Market bullish bias me hai.
2. Agar price Pivot ke neeche trade kar raha hai → Market bearish bias me hai.
3. Resistance levels (R1, R2, R3) selling zones hote hain, Support levels (S1, S2, S3) buying zones
hote hain.
4. Breakout trading possible hai jab price kisi level ko tod ke retest kare.

■ User Strategy – Pivot Based Trading

1. Market Opening:
- Agar market Pivot ke upar open hota hai → Bias Buy side (CE).
- Agar market Pivot ke neeche open hota hai → Bias Sell side (PE).

2. Pivot Rule:
- Market agar Pivot ko touch karta hai (upar open hone ke baad neeche aake), to Buy entry hoti hai.
- Market agar Pivot ko touch karta hai (neeche open hone ke baad upar aake), to Sell entry hoti hai.

3. R1 / S1 Rule:
- Agar price R1 ke upar jata hai aur ek green candle close hoti hai jiska body 50% se zyada R1 ke
upar hai → Retest pe Buy karo. Target = R2. Stop Loss = R1 ke neeche.
- Agar price S1 ke neeche jata hai aur ek red candle close hoti hai jiska body 50% se zyada S1 ke
neeche hai → Retest pe Sell karo. Target = S2. Stop Loss = S1 ke upar.

4. Higher Levels:
- Yehi logic R2, R3 ya S2, S3 pe apply hota hai.

5. Exit Rules:
- Profit booking hamesha next pivot level pe hoti hai.
- Stop loss hamesha previous level ke peeche lagta hai.

You might also like