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Thermax among 5 stocks closed above VWAP, signaling bullish shift

Bullish Signals
ETMarkets.com
1/6
Bullish Signals
On July 31, the closing prices of five stocks in the Nifty500 pack rallied more than 2% above their VWAP (Volume Weighted Average Price), according to StockEdge's technical scan data. A move above the VWAP indicates that the closing price was higher than the average price at which the stock traded during the session, weighted by trading volume.
This is widely interpreted by traders and investors as a bullish signal, suggesting stronger buying interest and positive market sentiment.
Thermax
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2/6
Thermax
VWAP: Rs 3,938.37 | LTP: Rs 4,306
Gallantt Ispat
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3/6
Gallantt Ispat
VWAP: Rs 599.41 | LTP: Rs 614.6
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    Sonata Software
    ETMarkets.com
    4/6
    Sonata Software
    VWAP: Rs 315.49 | LTP: Rs 322.45
    Aegis Logistics
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    5/6
    Aegis Logistics
    VWAP: Rs 1,254.96 | LTP: Rs 1,280.8
    Intellect Design Arena
    ETMarkets.com
    6/6
    Intellect Design Arena
    VWAP: Rs 705.98 | LTP: Rs 719.9
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