These 5 stocks closed above VWAP on January 22
1/6
Bullish Trends
On January 22, the closing prices of five stocks from the Nifty500 pack rallied over 2.5% relative to the VWAP (Volume Weighted Average Price). A shift above the VWAP suggests a potential bullish trend, according to technical scan data from StockEdge.com.
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, 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, indicating positive sentiment in the market.
2/6
Bombay Burmah Trading Corporation
VWAP: Rs 2,141.94 | LTP: Rs 2,230.15
3/6
Five-Star Business Finance
VWAP: Rs 654.11 | LTP: Rs 673.25
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4/6
Zomato
VWAP: Rs 210.75 | LTP: Rs 216.45
5/6
KEI Industries
VWAP: Rs 4,021.84 | LTP: Rs 4,127.55
6/6
Kirloskar Brothers
VWAP: Rs 1,872.84 | LTP: Rs 1,920.25