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Anchoredvwap

Intraday set up 2- GodrejProp EMAs + S/R + DivergenceThe resistance level at 2390-2400 SELL IF THE ZONE IS RESPECTED WITH SELLING DIVERGENCE CANDLE. If 2340 is broken with volume, we will see more downside till 2300, 2250 is major support and will require a huge volume breakout. Against the higher timeframe trend, step in with limited quantity. The Indicator Used: 1) Support/Resistance Levels are marked on the charts 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. 3) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence 4) Anchored Vwap If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :) HAPPY TRADING!!!
NSE:GODREJPROPShort
by ReeAishw
4
Cypher Harmonic With Crazy Confluences Both on 35k and 45k!here you see a crazy Potential Cypher Harmonic that i found with crazy confluence on 35k. my plan is to take the long on B (35k) and trade it up to C ( 45k ) There i have crazy Confluences aswell. this is just godmode if it happens on 8th of august. i love it when it all comes together. Smash that Like button , and hit me in the comments! for more Crazy Confluences Provided by Thunderboy21 Bringing Thunder in the markets! Take care!
Long
by Thunderboy21
2
Banknifty analysisAn Anchored VWAP is drawn with anchor date 28th Jan 2021 which was the previous swing low. The price took support initially at 23rd Feb, 1st March. It finally broke below AVWAP on 15th March, retraced the AVWAP line on 16th March, and continued the downward trend. We could conclude that the bear has taken control of the market. It then acted as resistance on 29th April and 18th May. Price finally broke above AVWAP on 21st May which started a bull phase of the BNF. What's interesting to see here is two AVWAPs with anchor dates 28th Jan and 16th Feb (previous swing low and high respectively) almost coincide near price level 34000 for last one or two months forming a sort of zone of confluence. This must act as strong support for BNF. We must watch for this level in the near future and trade accordingly. The next immediate level of support is 33500 although not so strong. IN SHORT- STRONG SUPPORT FOR BNF AT 34000.
NSE:BANKNIFTY1!
by SHRIKANT_KADAM
How to use Anchored VWAPAn Anchored VWAP (Anchored - Volume weighted Average Price) lets you make up an idea on whether the control of the market is on side of bulls or bears. Like the traditional VWAP, it incorporates price and volume in a weighted average and can be used to identify areas of support and resistance on the chart. Just like in intraday setup, a traditional VWAP lets you gauge the control of bulls or bears on the price after the opening of the day, the Anchored VWAP (AVWAP) tells you the control of bulls or bears with respect to an important day in the past over daily or weekly chart. In other words, an AVWAP indicator ties VWAP calculations to a specific price bar chosen by the trader. In a price reversal from the previous swing high or low, an A-VWAP tells us a general idea about the long-term (or short term based on the Anchor date) support or resistance or the price. In the attached TV screen, A-VWAP is applied over BankNifty futures (current contract in front). Here we can see that the price has taken reversals multiple times from the AVWAP.
NSE:BANKNIFTY1!Education
by SHRIKANT_KADAM
IRCTC, in tight zone, use AVWAP to get BUY/SELL signalAnchored volume weighted average price or simply AVWAP is a previous meaningful benchmark price on a chart chosen by traders that quantifies the average price a market has traded at through a time period, based on both volume and price. This metric is important because it provides traders with a visual into the nature of the trend and the average technical value of a stock from a defined starting point. An anchored VWAP can thus be used to represent the ‘pain/pleasure’ limit of an average purchased share since that event, top or bottom. Anchored VWAPs turn out to be very good resistance and support lines. A confluence zone on AVWAP from top and bottom shows value area, where both buyers and sellers are in equilibrium. IRCTC is has taken multiple resistance from AVWAP from top, but it has not resulted in selling pressure and it not trading in tight range of ~3% between both AVWAP (ie 1410-1366). When price goes above top AVWAP (red line), one can go LONG with trailing SL based on AVWAP from bottom (green line). Similarly as SELL would be generated when price goes above below bottom AVWAP (green line), trailing SL based on AVWAP from top (red line).
NSE:IRCTCEducation
by nitinshm