BEML among 4 stocks closing above VWAP
1/5
Trend check
On September 16, closing prices of four stocks in the Nifty500 pack were more than 2.5% above their respective VWAPs (Volume Weighted Average Prices), according to StockEdge’s technical scan data.
When the closing price is above VWAP, it means the stock closed at a price higher than its volume-weighted average traded price during the day. The VWAP gives greater weight to prices at which higher trading volumes occurred.
When the closing price is above VWAP, it means the stock closed at a price higher than its volume-weighted average traded price during the day. The VWAP gives greater weight to prices at which higher trading volumes occurred.
2/5
Welspun Corp
VWAP: Rs 2,342.45 | LTP: Rs 2,424.5
3/5
BEML
VWAP: Rs 1,938.7 | LTP: Rs 1,991.9
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4/5
Syrma SGS Technology
VWAP: Rs 1,472.62 | LTP: Rs 1,511.2
5/5
Urban Company
VWAP: Rs 160.72 | LTP: Rs 164.56