DhritimanM

Few good VWAP CHARTS

Its safe to be with Large cap to trade intraday. By looking at at the overall market mood from SGXNIFTY and Sensex, Nifty open in the morning, Reliance chart very good for intraday trade on Apr/07/2020- Compared to last 3 days VWAP moved up, Price moved up n above VWAP, n remained up consistently. Can buy above the second candle or in 3rd candle with stoploss below it. Or after waiting for one hour(Initial balance range) to check price touches VWAP how many times to get sense of strength of price. More number of times price touches VWAP, we need to check the VWAP direction to gauge the up strength or down strength. Less number of times price touches VWAP shows the price strength in one direction. SBILIFE chart also looked good for intrady on VWAP basis, as the VWAP and price opened and moved above the last 3-4 days VWAP charts,and price maintained above VWAP with good volume. Take trade with the same entry price must be above VWAP after initial one hour and stoploss few poi...

Successful companies have mostly focussed on small niches within a much larger market.  They have been able to build market dominance in their niches,  command pricing power, expand the niches and resultantly generate healthy earnings growth and returns on capital.  The financial performance of consistent compounders has been clearly better than:  (a) most mass-market companies; and (b) diversified large corporations For stock price to grow in consistent compounding stocks , Earnings drive 80-90% (if not higher) of the stock returns generated over the long run. As a result, provided the underlying asset (company or an index) delivers a modest or healthy earnings growth, it does not matter whether the entry point of one investor was 20% higher or lower than another investor. To be continued...  Inspired from Marcellus Marcellus 2

Vwap is intraday trading signal with volume weighted average price -line and the candle stick price movement around it to go long or short for intraday trading. I learnt this from you tube and different telegram channels like Vwap traders and decided to put my learning around it to self recall. Very important is to play safe-Just stick to Nifty Top 100 stocks only for intraday-selectively with high volume. As Rudramurthy Sir says- concentrate on the risk first. and only trade good risk reward trade-like Risk:Reward= 1:2 minimum Disclaimer- I am only doing sample trading.As i am slowly learning from all the experts. Its very easy to apply-it can be used in 5 min or 15 min charts as per your liking, very useful with Market profile (Intraday trading). Few examples as below- If within the first one hour, we see NOT more than 3 times price touching the VWAP line, and than showing a direction- we can take a trade along the trend. This is TCS on Apr/01/'20, Stop loss remains on...