If you are wondering about how to day trade stocks, then you must learn the use of support and resistance levels, also called pivot levels. For intra day trading, pivot levels are among the best day trading tools. Daytraders always use these levels to anticipate market movements and often base their trade entry or exits near these levels. Almost all stock trading platforms provide tools to calculate these levels. Stock trading softwares also provide automated pivot levels.
To help online stock traders, we bring daily pivot levels from major stock indexes in global stock markets.
These levels are based on previous closing (daily chart). If markets make big intra-day movement (up or down) then these levels could be broken.
Pivot Trading : U.S. Stock Markets:
Pivot Trading : Indian Stock Markets: