5 stocks closed crossing above VWAP on June 5
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Bullish Signal
On June 5, the closing prices of five stocks from the Nifty500 pack rallied over 10% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.
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Indian Emulsifiers
VWAP: Rs 287.68 | LTP: Rs 330.95
3/6
Jay Jalaram Technologies
VWAP: Rs 386.63 | LTP: Rs 430
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Aluwind Architectural
VWAP: Rs 46.95 | LTP: Rs 51.95
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Refractory Shapes
VWAP: Rs 130.68 | LTP: Rs 144.5
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Yuken India
VWAP: Rs 1062.57 | LTP: Rs 1170.85