Bharat Forge, Adani Power among 9 stocks that rose above VWAP on August 7
1/10
Bullish Trend
On August 7, the closing prices of nine stocks in the Nifty500 pack rallied over 1.5% relative to their 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.
2/10
Welspun Living
VWAP: Rs 114.96| LTP: Rs 118.77
3/10
Bharat Forge
VWAP: Rs 1128.15| LTP: Rs 1161.6
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4/10
NCC
VWAP: Rs 217.66| LTP: Rs 222.39
5/10
Adani Power
VWAP: Rs 567.26| LTP: Rs 578.95
6/10
Brainbees Solutions
VWAP: Rs 359.47| LTP: Rs 366.75
7/10
Jindal Saw
VWAP: Rs 205.83| LTP: Rs 209.84
8/10
Hero MotoCorp
VWAP: Rs 4576.59| LTP: Rs 4660.7
9/10
APL Apollo Tubes
VWAP: Rs 1566.77| LTP: Rs 1595.2
10/10
The New India Assurance Company
VWAP: Rs 190.67| LTP: Rs 194.03