Are pivot points really helpfull?

i learnd about pivots points today.

i was bit curious that how they work and can i really use them for intraday trading or swing trading?

i know pivot points are calculated from previous day high close and predict r1 r2 s1 s2…
but i am curious does they really help or they are just luck?

@Nithin Sir shared this a while ago on Technical Analysis, you should give it a read.

haha…thanqqq dude