Swiggy among 4 stocks that closed above VWAP, signaling bullish shift
Agencies1/5
Buying Strength Emerges
On July 15, the closing prices of four Nifty500 stocks 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 weighted by trading volume. Traders and investors often interpret this occurrence as a potential bullish signal. This potentially indicates positive sentiment in the market.
ETMarkets.com2/5
Canara HSBC Life Insurance Company
VWAP: Rs 149.85 | LTP: Rs 153.1
VWAP: Rs 264.35 | LTP: Rs 270.09
ETMarkets.com4/5
Cemindia Projects
VWAP: Rs 1572.39 | LTP: Rs 1601.4
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Billionbrains Garage Ventures
VWAP: Rs 212.59 | LTP: Rs 216.33
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