Tuesday, January 23, 2018

Using VWAP on Trend Days

Off late i  started plotting VWAP on NF when ever i see NF making HH-HL, LH-LL 's i.e. in Trending mode.

In my observation VWAP offers good support, coupling with our DP's, specially MSP.. it lets us to enter into trade after a decent pull back happen.

I am attaching today's nifty chart for reference.
Make a note of this, this works well.