These 4 stocks closed above VWAP on December 23
1/5
Trend Tracker
On December 23, the closing prices of four stocks from the Nifty500 pack rallied over 3% relative to the VWAP (Volume Weighted Average Price). 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 indicates that the closing price is higher than the average price at which the stock was traded throughout the day, with the average 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 indicates that the closing price is higher than the average price at which the stock was traded throughout the day, with the average 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
Intellect Design Arena
VWAP: Rs 919.83 | LTP: Rs 962.05
3/5
Sundaram Finance
VWAP: Rs 4370.48 | LTP: Rs 4518.7
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4/5
Amber Enterprises India
VWAP: Rs 6697.09 | LTP: Rs 6907.8
5/5
PTC Industries
VWAP: Rs 12116.85 | LTP: Rs 12480.9