sureprofit07

Correct way of using VWAP indicator.

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NSE:BPCL   BHARAT PETROL CORP
We all know that VWAP is a powerful indicator for the intraday traders, lets check how to use VWAP indicator correctly. You should buy stock at high of first candle when it closed above the VWAP price & for selling you should sell it at low of first candle when it closed below the VWAP price. set the target and stop loss according to your experience and wait for the profit. But beaware most of the time stop loss hits first, now it depends on you that how you manage this strategy.
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