NIFTY 15-Min Chart – Volatility Compression Between VWAP and Res

VWAP Zone:
The VWAP lies at 25,456–25,464, acting as a dynamic resistance zone — price has failed to sustain above this level multiple times.
Price Pattern:
Multiple small-bodied candles with wicks indicate indecision and low momentum.
This suggests volatility compression — a breakout may follow.

Bollinger Bands:
Price hugging the middle band, with slightly narrowing bands — signals range contraction.