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Firstsource Solutions among 5 stocks close crossing below VWAP

VWAP Bearish Signal
Bombay Times
1/6
VWAP Bearish Signal
On April 24, the closing prices of five stocks from Nifty500 dropped over 2% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data.

When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.
Firstsource Solutions
ETMarkets.com
2/6
Firstsource Solutions
VWAP: Rs 213.9 | LTP: Rs 209.27

Alkem Laboratories
ETMarkets.com
3/6
Alkem Laboratories
VWAP: Rs 5346.62 | LTP: Rs 5235

Persistent Systems
ETMarkets.com
4/6
Persistent Systems
VWAP: Rs 4844.55 | LTP: Rs 4747.3

Solar Industries India
ETMarkets.com
5/6
Solar Industries India
VWAP: Rs 15360.97 | LTP: Rs 15056

Hexaware Technologies
ETMarkets.com
6/6
Hexaware Technologies
VWAP: Rs 452.89 | LTP: Rs 444.75

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