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NIFTY - POSITIONAL BUY IDEA BASED ON ANCHORED VWAP

Pembelian
S&P CNX NIFTY INDEX FUTURES (NSE:NIFTY1!)  
abu_bkr Diupdate   
NSE:NIFTY1!   S&P CNX NIFTY INDEX FUTURES
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Nifty formed a bearish Doji at it's 52 Week high which generally indicates exhaustion of uptrend. So plotting AVWAP on the top of the doji which acted as strong resistance. Today it crossed AVWAP and closed above that which indicates further bullishness. So one can take a long trade here with AVWAP as SL that is 15237.
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