These 4 stocks rose above VWAP on May 19
1/5
Bullish Signs
On May 19, the closing prices of four stocks in Nifty500 pack rallied about 2% relative to the 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 being 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 signifies that the closing price is higher than the average price at which it 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 sentiment in the market.
2/5
Transformers & Rectifiers (India)
VWAP: Rs 516.86| LTP: Rs 529.45
3/5
Krishna Institute of Medical Sciences
VWAP: Rs 632.74| LTP: Rs 645.1
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4/5
BASF India
VWAP: Rs 4810.51| LTP: Rs 4902.9
5/5
Alembic Pharmaceuticals
VWAP: Rs 1010.17| LTP: Rs 1028.65