Market Open: After the market opens (typically around 9:15 AM IST), observe the price for the next 30-45 minutes.

Price Below Pivot (PP) but Above S1:

Entry: Buy if the price rises above PP (potential breakout).

Exit (Short): Sell if the price falls below S1 (stop-loss).

Price Above Pivot (PP) but Below R1:

Entry: Buy if the price climbs above R1 (potential breakout).

Exit (Short): Sell if the price drops below PP (stop-loss).

Price Very Near Pivot (PP):

Entry: Buy above R1 or sell below S1 (cautious approach due to price neutrality).

Price Between R1 and R2:

Entry: Buy if the price surpasses R2 (stronger breakout signal).

Exit (Short): Sell only below PP (avoid selling below R1).

Price Between S1 and S2 or S2 and S3:

Entry: Buy if the price rises above PP (potential reversal).

Exit (Short): Sell below S2 or S3 (respectively).

Target Profit: Aim for a target profit of 0.75%-1%.

Stop-Loss: Use a stop-loss of 0.5% to mitigate potential losses.

Volatility: Pivot points work best in moderately volatile markets. In highly volatile markets, price action may be more erratic.

Confirmation: Consider using additional technical indicators (e.g., moving averages, relative strength index) for confirmation before entering trades.

This guide is for educational purposes only and should not be considered financial advice. Always conduct your own research and due diligence before making any trading decisions.