These 4 stocks closed crossing above VWAP on June 12
By Ritesh Presswala, ETMarkets.com |
1/5
Bullish Trends
On June 12, four stocks with a market capitalisation of over Rs 1,000 crore on the NSE rallied more than 1.5% relative to their Volume Weighted Average Price (VWAP), indicating a potential bullish trend, according to technical scan data from StockEdge.com.
A stock closing above its VWAP suggests that it ended the day at a price higher than its average trading price, weighted by volume. This is often viewed by traders and investors as a bullish signal, potentially reflecting growing positive sentiment in the market.
A stock closing above its VWAP suggests that it ended the day at a price higher than its average trading price, weighted by volume. This is often viewed by traders and investors as a bullish signal, potentially reflecting growing positive sentiment in the market.
2/5
Subros
VWAP: Rs 842.46 | LTP: Rs 861.35
3/5
Krishana Phoschem
VWAP: Rs 485.85 | LTP: Rs 493.95
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