VWAP Confirmation

The strategy takes a buy position when the stock moves above VWAP indicator indicating a bullish move. The entry is taken only after a confirmation. The strategy is suitable for bullish trending markets.

Entry Conditions

Multitime frame(hour, Close(-1) higher than VWAP(-1) ) and Multitime frame(hour, Open(-1) lower than VWAP(-1) ) and Multitime frame(hour, Close(0) higher than High(-1) )

BUY 50 shares when Multitime frame(hour, Close(-1) higher than VWAP(-1) ) and Multitime frame(hour, Open(-1) lower than VWAP(-1) ) and Multitime frame(hour, Close(0) higher than High(-1) ) at hour candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 50 shares at stop loss % of 2 or target profit % of 4 at hour candle interval using Candlestick chart chart.

Stop Loss

2

Target Profit

4

Stocks

• NSE

  ADANIENT

• NSE

  ADANIPORTS

• NSE

  APOLLOHOSP

• NSE

  ASIANPAINT

• NSE

  AXISBANK

• NSE

  BAJAJ-AUTO

• NSE

  BAJFINANCE

• NSE

  BAJAJFINSV

• NSE

  BEL

• NSE

  BPCL

• NSE

  BHARTIARTL

• NSE

  BRITANNIA

• NSE

  CIPLA

• NSE

  COALINDIA

• NSE

  DRREDDY

• NSE

  EICHERMOT

• NSE

  GRASIM

• NSE

  HCLTECH

• NSE

  HDFCBANK

• NSE

  HDFCLIFE

• NSE

  HEROMOTOCO

• NSE

  HINDALCO

• NSE

  HINDUNILVR

• NSE

  ICICIBANK

• NSE

  ITC

• NSE

  INDUSINDBK

• NSE

  INFY

• NSE

  JSWSTEEL

• NSE

  KOTAKBANK

• NSE

  LT

• NSE

  M&M

• NSE

  MARUTI

• NSE

  NTPC

• NSE

  NESTLEIND

• NSE

  ONGC

• NSE

  POWERGRID

• NSE

  RELIANCE

• NSE

  SBILIFE

• NSE

  SHRIRAMFIN

• NSE

  SBIN

• NSE

  SUNPHARMA

• NSE

  TCS

• NSE

  TATACONSUM

• NSE

  TATAMOTORS

• NSE

  TATASTEEL

• NSE

  TECHM

• NSE

  TITAN

• NSE

  TRENT

• NSE

  ULTRACEMCO

• NSE

  WIPRO