ScannersStrategies

vwap

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.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

15min

Entry Conditions

Multitime frame(15min, Close(-1) higher than VWAP(-1) ) and Multitime frame(15min, Open(-1) lower than VWAP(-1) ) and Multitime frame(15min, Close(0) higher than High(-1) )

BUY 1 share when Multitime frame(15min, Close(-1) higher than VWAP(-1) ) and Multitime frame(15min, Open(-1) lower than VWAP(-1) ) and Multitime frame(15min, Close(0) higher than High(-1) ) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share at stop loss % of 1 or target profit % of 3 at 15min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

3

Stocks

  • NSE

    BHARTIARTL

  • NSE

    TATAMOTORS

  • NSE

    POWERGRID

  • NSE

    LT

  • NSE

    ULTRACEMCO