These 4 stocks closed above VWAP on March 3
1/5
Bullish Signals
On March 3, the closing prices of four stocks in the Nifty200 pack rallied by about 2.5% 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 signifies that the closing price is higher than the average price at which the stock 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 market sentiment.
When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which the stock 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 market sentiment.
2/5
Varun Beverages
VWAP: Rs 438.37 | LTP: Rs 456.95
3/5
Bharat Dynamics
VWAP: Rs 949.37 | LTP: Rs 979.75
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4/5
CG Power and Industrial Solutions
VWAP: Rs 570.48 | LTP: Rs 586.7
5/5
Bharat Heavy Electricals
VWAP: Rs 181.14 | LTP: Rs 185.47