Camarilla Pivot Points is one of the most popular Intraday Trading techniques used by beginners and professional traders. We have already introduced this method in one of our previous posts with an online calculator. Please find it here. We have also created Camarilla Pivot Points Excel Sheet for all F&O stocks in NSE. This sheet will be updated live based on market data. See below for details:
Scroll right and left to view all the pivot values. Below is the link for Camarilla Pivot points Excel sheet which you can view online.
How to Trade based on Camarilla Pivot Points Excel Sheet?
Look at the opening price for the stock/futures/commodities/currency.
Image Credits: https://sites.google.com/site/intradayautomatedsoftware/Intraday_Trading_Using_Camarilla_and_Advanced_Camarilla.pdf
Scenario 1
Open price is between H3 and L3
For Long
Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be when price moves below L4. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 2
Open price is between H3 and H4
For Long
When price moves above H4, buy. Stoploss when price goes below H3. Target – 0.5% to 1%
For Short Sell
When the price goes below H3, sell. Stopless when prices moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 3
Open price is between L3 and L4
For Long
When price moves above L3, buy. Stoploss when price moves below L4. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
When the price goes below L4, sell. Stoploss when price moves above L3. Target – 0.5% to 1%
Scenario 4
Open price is above H4
For Long
Buying is not suggested in such scenarios.
For Short Sell
When the price goes below H3, sell. Stoploss when price moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 5
Open price is below L4
For Long
When the price goes above L3. Stoploss when price moves below L3. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
Short Selling is not suggested in such scenarios.
Please let us know in the comments section if you have any queries.
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