VWAP   April 18, 2024

A VWAP is a term for 'Volume-Weighted Average Price,' which is a technical indicator that is primarily used in intraday charts and resets at the beginning of each new trading session. In layman's terms, it is a trading benchmark that indicates the average price of a financial asset depending on criteria such as volume and pricing.

Today's LIVE Trading Hours of VWAP

Trading Sessions Minute by VWAP For April 18, 2024

Oil & Natural Gas Corpn Ltd283.15286.80
Tata Steel Ltd160.05160.80
Infosys Ltd1414.451,426.60
NTPC Ltd359.25358.62
State Bank of India751.7750.07
ICICI Bank Ltd1067.051,067.53
Hindalco Industries Ltd608.85613.34
Wipro Ltd448.35451.53
HDFC Bank Ltd1509.251,499.45
ITC Ltd425.9425.24
Power Grid Corporation of India Ltd274.25273.70
Tata Motors Ltd992.8994.95
Axis Bank Ltd1051.91,052.29
Bharat Petroleum Corporation Ltd592.3593.73
Bharti Airtel Ltd1216.451,220.25
Coal India Ltd453.2452.68
HDFC Life Insurance Company Ltd604.6605.24
Reliance Industries Ltd2931.52,922.76
Kotak Mahindra Bank Ltd1792.61,792.54
IndusInd Bank Ltd1490.951,499.82
Tata Consultancy Services Ltd3872.83,888.73
Hindustan Unilever Ltd2220.82,202.19
Adani Ports & Special Economic Zone Ltd1304.351,306.17
HCL Technologies Ltd1477.31,482.93
Larsen & Toubro Ltd3543.453,555.15
Tech Mahindra Ltd1195.81,202.23
Sun Pharmaceuticals Industries Ltd1537.551,533.37
Mahindra & Mahindra Ltd2031.32,044.91
JSW Steel Ltd845.25851.03
Bajaj Finserv Ltd1618.51,622.86
Eicher Motors Ltd4355.74,344.68
Cipla Ltd1375.21,381.08
LTIMindtree Ltd4662.854,682.14
Adani Enterprises Ltd3106.43,119.45
Titan Company Ltd3645.93,633.46
Tata Consumer Products Ltd1135.651,132.97
Bajaj Finance Ltd6954.256,969.10
Asian Paints Ltd28302,830.63
Shriram Finance Ltd2400.752,401.39
Nestle India Ltd2546.12,558.77
Hero MotoCorp Ltd4322.94,357.40
SBI Life Insurance Company Ltd1462.751,462.97
Maruti Suzuki India Ltd12502.712,458.12
Grasim Industries Ltd2242.952,240.18
UltraTech Cement Ltd9463.89,427.07
Britannia Industries Ltd4740.74,736.51
Bajaj Auto Ltd8919.158,898.33
Dr Reddys Laboratories Ltd6050.356,037.03
Divis Laboratories Ltd3764.23,742.71
Apollo Hospitals Enterprise Ltd6334.756,276.54
Nifty Bank 47484.8 421.43
Nifty 50 22147.9 903.37
Nifty Financial Services 21099.25 989.6
Nifty Midcap 50 13765.5 68.63

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MARUTI ₹12502.7
DIVISLAB ₹3764.2
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Nifty Bank48730.55
148.85  (0.31)
Nifty 5022642.75
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Nifty Financial Services21682.2
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Nifty Midcap 5013941.6
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What is VWAP?

Volume Weighted Average Price (VWAP) helps everyday traders comprehend the average price that the asset traded during the day by taking volume and price into consideration. It is an essential trading benchmark that is charted daily, beginning with the opening price and finishing with the closing price.

How is VWAP Calculated?

The computation begins with the market's opening bell and concludes with the closing bell. As the VWAP is an intraday indicator, it is calculated using intraday data.

Today, owing to technology improvements, you can quickly add any popular technical indicator, such as the VWAP, to a price chart with a few clicks. That being stated, the next section will go into depth on how to compute the VWAP manually.

The mathematical method for calculating the volume-weighted average price is: 

VWAP = Typical Price*Volume/Cumulative Volume

Why Is VWAP Used?

VWAP is used differently by different sorts of traders. For example, they may utilise the VWAP to corroborate trends. A trader who uses the VWAP as a trend confirmation tool may utilise it to initiate trading positions. So, if the price falls below the VWAP and rises above it, the trader may enter long bets. 

On the other hand, if the price above the VWAP drops below it, the trader may go short. Institutions such as insurance firms, mutual funds, and hedge funds may utilise the VWAP to conduct transactions with little market effect.

FAQs on VWAP Indicator

Investors can utilise VWAP, an intraday price metric, to determine whether to take an active or passive approach to position entries.

A stock may be bullish if it is trading above the intraday VWAP, while a stock may be bearish.

VWAP is calculated by multiplying the typical price by volume and dividing by total volume.

Traders use VWAP to assess if a security is trading above or below its average price for the day and to gauge market momentum.

MVWAP, or Modified VWAP, is a moving average of VWAP over a specified time period, often used for intraday analysis.

While commonly used for stocks, VWAP can also be applied to other securities like futures and options.

Factors such as market volatility, order size, and timing can affect VWAP’s accuracy as a trading benchmark.