NIFTY 500 - VWAP + POC Scanner [Intraday] Sanjeev

NIFTY 500 Intraday Scanner - Price vs VWAP and Price vs POC in one table.

This indicator scans NIFTY 500 stocks on 5-minute timeframe and shows real-time status for intraday trading.

LOGIC:
1. VWAP = Anchored Session VWAP (Institutional trend)
2. POC = Point of Control (Highest volume price level of last 2 hours - Fixed Range logic)
3. LONG SIGNAL = Price > VWAP AND Price > POC (Strong Buy Momentum)
4. SHORT SIGNAL = Price < VWAP AND Price < POC (Strong Sell Momentum)

HOW TO USE:
- Set chart to 5-Minute timeframe
- Add Market Cap >= 50B INR filter for liquidity
- GREEN ROW + ▲ LONG = Look for Buy setups only
- RED ROW + ▼ SHORT = Look for Sell setups only
- Use for NIFTY 500, NIFTY 200, Bank Nifty intraday

Note: Due to TradingView limit of 64 securities per script, duplicate this script 8 times to cover full NIFTY 500.

Best for: Scalping, Intraday Momentum, VWAP Strategy, Volume Profile Trading.

Version: Pine Script v6

ANS987

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ANS987