The Pivot Point calculator is a technical indicator which is used to predict the Resistance and Support levels. It will be commonly used by Forex, Stock , Future and option and other financial traded instrument.
The Pivot Point will be measured as the primary support / Resistance level. The Pivot point will determine the expected overall market trend. When the pivot point level broke in an upward price movement, the bullish move will be expected. When the pivot point level broke in a downward price, then the bearish move will be expected in the stock market.