Use VWAP as the fair-value line and daily Pivot / R1 / S1 as intraday levels. Fade extremes toward VWAP in range days; ride breakouts of R1/S1 with VWAP as support/resistance in trend days.
Range day: fade extremes — when price hits R1 or S1 and forms a reversal candle, take a mean-reversion trade back toward VWAP. Trend day: buy pullbacks to VWAP in an uptrend (or short rallies to VWAP in a downtrend), targeting the next pivot level.
Range: exit at VWAP (fade trades) or opposite pivot. Trend: exit at R2/S2 or when price closes decisively back through VWAP.
Range: beyond R1/S1 that failed. Trend: on the far side of VWAP (e.g., if long above VWAP, stop below VWAP by 0.3-0.5×ATR).
Regardless of the specific setup, these apply to every strategy on this site:
Every strategy here is part of our in-house catalogue, written and calibrated for Indian markets. Past behavior does not guarantee future results. Charts run against 2-year Nifty data — actual results in your account will vary. Backtest, paper-trade, and size responsibly before risking real capital.