VWAP serves as a reference point for prices for one day. As such, it is best suited for intraday analysis. Chartists can compare current prices with the VWAP values to determine the intraday trend. VWAP can also be used to determine relative value. Prices below VWAP values are relatively low for that day or specific time. Prices above VWAP values are relatively high for that day or specific time. Keep in mind that VWAP is a cumulative indicator, which means the number of data points progressively increases throughout the day. On a 1 minute chart, IBM will have 90 data points (minutes) by 11AM, 210 data points by 1PM and 390 data points by the close. The number dramatically increases as the day extends. This is why VWAP lags price and this lag increases as the day extends.
because i want to update masters nifty TT for banknifty and study if all indicator like 35hr, hrly KST etc working on it or not? and also i need it for creating banknifty HA chart. anyway thanks. i will wait for week end.
After seeing Prakash post above i was browsing thru that Zerodha site and came across this NSE Charts link.. May be useful for someonehttp://www.nseindia.com/ChartApp/install/charts/mainpage.jsp
32 comments:
A 5-wave fall done and a small "abc" is developing.
Look at retrace for weakness/ strength.
50% retrace done @ 5129.
@mynac
hourly KST increasing still?thanks
5137-80% negates intraday weakness.
Dear anmpatel,Yes...
looks like abc done, c= 1.62 of a
Dear Ilango -
on NSE website they are showing price as VWAP (volume weighted average price) - how can this information be helpful to us ?
regards
Deepak
@ Deepak,
VWAP is superior to the "atp" prices.
Let us have the NSE link. We'll monitor to see its relevance at critical moments.
5 waves down done and an "abc" too done.
80%(5137) whipsawed. But the pattern of correction continues.
RIP........... MEHDI HASAN
Volume Weighted Average Price (VWAP)
VWAP serves as a reference point for prices for one day. As such, it is best suited for intraday analysis. Chartists can compare current prices with the VWAP values to determine the intraday trend. VWAP can also be used to determine relative value. Prices below VWAP values are relatively low for that day or specific time. Prices above VWAP values are relatively high for that day or specific time. Keep in mind that VWAP is a cumulative indicator, which means the number of data points progressively increases throughout the day. On a 1 minute chart, IBM will have 90 data points (minutes) by 11AM, 210 data points by 1PM and 390 data points by the close. The number dramatically increases as the day extends. This is why VWAP lags price and this lag increases as the day extends.
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:vwap_intraday
@ DR sir
Hats off. Walking encyclopedia.
Regards/
LV
sir we could see that nifty is OB in hourly as well as daily but what are the sighs of exhaustion
@DR
sir can we get banknifty hrly data in excel sheet? kindly give link. thanks.
MEHDI HASAN - TERI MEHFIL SE YEH DEEWANA
This crazy lover will leave your company.
The moss will leave while the candle remain lighted.
I was not allowed to speak out my tale of sorrows.
How will he live without your love?
He will leave with tales of grief and pain.
Many more flowers of love will bloom here.
You will find many more lovers.
The dear ones will stay here and the stranger will leave.
The crazy lover will leave your company.
The moss will leave while the candle will remain lighted.
http://www.youtube.com/watch?v=WxityxStwmM&feature=related
anmpatel
Plz give me some time
I have XL file which automatically updates
data from NSE
will upload this weekend @ JN group
But When charting software does everything now a days, why to use XL sheet?
Do I see any triangle in 5 mts chart?
LV
because i want to update masters nifty TT for banknifty and study if all indicator like 35hr, hrly KST etc working on it or not? and also i need it for creating banknifty HA chart.
anyway thanks. i will wait for week end.
@ shivanGupta,
Negative divergences with prices closing below 5-period sma/ ema is a reliable "exhaustion signal" in uptrend. And vice versa for downtrend.
which charting software is best? dr sir
Mehdi Hassan ka one of the bestest...
zindagi meiN to sabhi pyaar kiya karte haiN
main to mar ke bhi meri jaan tuJhe chahoonga
Mehdi saheb aapki gazal ne tanhai mein bahut saath diya hai ..RIP.
Closing above 5120 MEMA wd keep the month trend up...
Whereas Hr.Indicators confused now which way to go..too much left and right ..
@Unknown
Plz update you profile - ur name
TT of Share-khan is best till 2day
Sharekhan Trade Tiger - The ultimate online trading platform
http://www.youtube.com/watch?v=SAhlgA9Ubdk
at starting of this commercial there is a bull idol
If anybody happen to see it at any show room plz
inform me I want one for my desk.
@ DR Sir
I have tried to replicate the chart setting of Sir excel in TT , somehow it was not coming same ...so still finding a way to replicate it.
May be will send u mail with more specific query.
Sir can anybody help me? How to watch Nifty spot and sensex watch in 'Zerodha Now'
thanx sir
After seeing Prakash post above i was browsing thru that Zerodha site and came across this NSE Charts link.. May be useful for someonehttp://www.nseindia.com/ChartApp/install/charts/mainpage.jsp
numchar
if your parameters are correct
chart will be the same
LAST 7 Days JNSAR is in UPTREND,,can tommorow be reverse!!!!!
@mynac
KST hourly flat during last 3 hrs. can we expect some re-buy chance tommorow? thanks.
@mynac
35hr indicator also cross red line down if we update last hour data. what option study suggest?
Can anybody help me? I am new to Zerodha. Please - How to watch Ns and Sensex. Please.
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