Paytm among 4 stocks that closed crossing above VWAP
By Ritesh Presswala, ETMarkets.com |
1/5
Trend Tracker
On July 1, the closing prices of four Nifty 500 stocks rallied more than 1.5% above their VWAP (Volume Weighted Average Price), and a move above the VWAP suggests a potential bullish trend, according to StockEdge.com's technical scan data.
When a stock closes above its VWAP, it indicates that the closing price is higher than the average price at which it traded throughout the day, weighted by trading volume. Traders and investors often interpret this as a potential bullish signal, indicating positive market sentiment.
When a stock closes above its VWAP, it indicates that the closing price is higher than the average price at which it traded throughout the day, weighted by trading volume. Traders and investors often interpret this as a potential bullish signal, indicating positive market sentiment.
2/5
Godrej Properties
VWAP: Rs 1,925.51 | LTP: Rs 1,959.60
3/5
Aadhar Housing Finance
VWAP: Rs 509.15 | LTP: Rs 517.75
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Supreme Industries
VWAP: Rs 3,173.29 | LTP: Rs 3,221.20