Cyient among 3 stocks closed above VWAP
1/4
Trend watch
On September 22, three Nifty500 stocks closed more than 2% above their respective VWAP (Volume Weighted Average Price), according to StockEdge’s technical scan data.
When a stock closes above its VWAP, it indicates that the closing price was higher than its volume-weighted average traded price during the session. VWAP gives greater weight to prices at which higher trading volumes occurred.
When a stock closes above its VWAP, it indicates that the closing price was higher than its volume-weighted average traded price during the session. VWAP gives greater weight to prices at which higher trading volumes occurred.
2/4
RBL Bank
VWAP: Rs 414.13 | LTP: Rs 423.2
3/4
Gabriel India
VWAP: Rs 1,442.56 | LTP: Rs 1,471.4
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4/4
Cyient
VWAP: Rs 1,058.1 | LTP: Rs 1,079