Anchored vwap in day trading...
All the anchored vwaps are dynamic support and resitance. There is no need to draw support resistabnce zones. But do not take any trade blindly. Please combine anchored vwap lables with price action. For more confirmation you can use intraday vwap indicator with three standard deviations. Or you can add order flow analysis also. According to my observation market is imbalance in between 19755.65 to 19736.1 . For day trading you can use 1 minute timeframe chart also.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.