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VWAP indicator is best indicator for intraday trading in Hindi. This is used by almost every mutual fund or bid passive investor in share market in India.
Mutual fund use it to reduce liquidity risk and impact cost. Whereas, intraday trader use it for intraday trading.
I find VWAP indicator very good intraday trading indicator, it dose not follow other lagging indicators like MACD or Moving avarage.
Really works great when applied with price action.
In the VWAP trading strategy we have discusses multi time frame application. Where you should apply stoploss when using this VWAP strategy.
Try VWAP technical indicator and let me know your feed back.
Love and Regrads,
Pravin Khetan
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#intradaytrading #vwap #technicalanalysis