Category: Finance & Investment

Quick Answer: Pivot point examples show beginners how yesterday's High, Low and Close turn into today's trading levels. For a Nifty session with High 24,900, Low 24,600 and Close 24,800, the pivot is about 24,767,…

Quick Answer: A pivot point calculator is a free online tool that takes the previous day's High, Low and Close and instantly returns the pivot plus support and resistance levels (S1–S3, R1–R3). Indian traders use…

Quick Answer: Pivot points are horizontal support and resistance levels calculated from the previous day's High, Low and Close, used mainly by intraday traders to spot likely turning points. The central pivot acts as a…

Quick Answer: The pivot point formula is P = (High + Low + Close) / 3, with resistance R1 = 2P − Low and support S1 = 2P − High, plus wider R2/S2 and R3/S3…

Quick Answer: To calculate pivot points, take the previous trading day's High, Low and Close and compute the pivot P = (High + Low + Close) / 3. Support and resistance follow: R1 = 2P…

Quick Answer: A simple forex example: converting US$500 for a holiday at a base rate of ₹88 with a 2% markup costs 500 × 89.76 = ₹44,880, plus a small GST on the conversion charge.…

Quick Answer: DigiToolkit’s free online forex calculator converts any amount between currencies and shows the real rupee cost after markup, 18% GST on the conversion charge and any applicable TCS. Enter the amount, pick your…

Quick Answer: A forex calculator is a free online tool that converts one currency into another and, for Indian users, shows the real cost after the provider’s markup, 18% GST on the conversion charge and…

Quick Answer: The core forex formula is Amount in INR = Foreign amount × effective rate, where effective rate = base rate × (1 + markup%). India then adds GST on the conversion charge (18%…

Quick Answer: To calculate a forex conversion in India, multiply the amount by the exchange rate, then add the bank or money-changer’s markup, 18% GST on the currency-conversion service charge, and any TCS if your…