Zerodha pivot points Kite

Pivot points discrepancy on Kite

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Pivot points on Kite can sometimes show different values from third-party calculations or other broker platforms. The discrepancy is usually explained by differing input data conventions.

Sources of discrepancy

OHLC source

Pivot points (P, R1-R3, S1-S3, BC, TC, etc.) compute from previous-period OHLC. The “previous period” can be:

  • Previous trading day OHLC (most common).
  • Previous trading week OHLC.
  • Previous trading month OHLC.

Kite’s pivot indicators use one source; third-party calculations may use another. Mismatching sources produces different pivots.

Pre-open inclusion

Some platforms include the pre-open price (9:00-9:15 AM) in the day’s OHLC; others use 9:15 AM to 3:30 PM only. Pivot computed on different ranges differs.

Adjusted vs unadjusted

Pivot computed on adjusted prices (after corporate-action scaling) differs from unadjusted. Kite uses adjusted by default.

Continuous chart vs current contract (futures)

For futures, pivot on continuous chart differs from pivot on the current expiry-month contract (since continuous values are back-adjusted).

Formula variant

Multiple pivot formulas:

  • Classic: P = (H+L+C)/3.
  • Camarilla: different formula.
  • Fibonacci: derives R1, R2, R3 with Fibonacci ratios.
  • Woodie’s: weights close more.

Same chart, different formulas, different pivots.

How to reconcile

  1. Verify Kite’s pivot formula (Classic, Camarilla, etc.).
  2. Verify the period (daily / weekly / monthly).
  3. Verify the OHLC source (regular session vs full day).
  4. Verify adjusted / unadjusted.
  5. Recompute manually to confirm.

If still mismatched: raise ticket with Zerodha support with specific values.

See also

External references

References

  1. Zerodha support documentation on Kite pivot calculations.
  2. Classical pivot point literature.

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