Ceat among 4 stocks that rose above VWAP
1/5
Bullish Trend
On April 11, the closing prices of four stocks in Nifty500 pack rallied over 2% 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.
2/5
Gravita India
VWAP: Rs 1790.39| LTP: Rs 1852.1
3/5
Ceat
VWAP: Rs 2751| LTP: Rs 2832.5
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4/5
360 One Wam
VWAP: Rs 846.69| LTP: Rs 870.2
5/5
Caplin Point Laboratories
VWAP: Rs 1831.08| LTP: Rs 1869.4