PIVOTAL CALCULATION

PIVOTAL POINT = (HIGH + LOW+CLOSE) /3

FIRST RESISTANCE= PIVOTAL POINT * 2 - LOW.

SECOND RESISTANCE=PIVOTAL POINT +(HIGH - LOW).

THIRD RESISTANCE=HIGH +(HIGH - LOW).

FIRST SUPPORT=PIVOTAL POINT *2 - HIGH.

SECOND SUPPORT=PIVOTAL POINT - (HIGH - LOW).

THIRD SUPPORT=LOW - (HIGH - LOW).

THIS WILL GIVE SOME INFORMATION ABOUT PROJECTION OF MOVEMENT.