Bank nifty taking resistance at anchored vwap from recent high. Should fall from here.
stop loss, 40 points below current rate. expected reversal as nifty spot is at yearly VWAP 1st standard deviation.
probable long, spot is moving at std dev 2 of monthly Vwap
anchored VWAP starting from ATH.. standard deviation of 1.00 at 36500 and standard deviation 1.50 at 35700 is strong level
moving on bank nifty monthly vwap level and it is also moving on weekly standard deviation