A Thread on #VWAP - for #Intraday
With #Zerodha Charts that most of us use.
Kindly RT if you like it. ๐
@kuttrapali26 @Mitesh_Engr @vivbajaj @caniravkaria @nakulvibhor @ST_PYI @PRSundar64
VWAP - One of the most trusted indicator is volume-weighted average price (VWAP). Simply average the price and volume and indicate a price point of the trading of day. Works in #intraday Only.
How to use #vwap -
First 15 minutes - #ASIANPAINT on a 5 min TF explained in pic below
- Entry based on #VWAP in morning gives max gains.
- In a bull chart it won't touch VWAP again in day.
#VWAP ( how to short ) in Mid of Session -
How to short using VWAP - Explained in #mindtree and #HCLTech 5 min TF
Always wait for retest and confirmation before taking short - keep SL above VWAP
How VWAP helps identifying Bull and Bear Run in continuation
Explained with this #HCLTech and #TataSteel Chart๐
When you have a hint of breakout and that may continue .. how to confirm with #VWAP ?