Vishal Mega Mart among 3 stocks that closed crossing above VWAP
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Strong Closing Gains
On September 29, the closing prices of three stocks in the Nifty 500 pack were more than 3% above their respective VWAPs (Volume Weighted Average Price), according to StockEdge’s technical scan data.
When the closing price is above the VWAP, it means the stock closed at a price higher than its volume-weighted average traded price during the day. The VWAP gives greater weight to prices at which higher trading volumes occurred.
When the closing price is above the VWAP, it means the stock closed at a price higher than its volume-weighted average traded price during the day. The VWAP gives greater weight to prices at which higher trading volumes occurred.
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Vishal Mega Mart
VWAP: Rs 100.27 | LTP: Rs 104.3
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Glenmark Pharmaceuticals
VWAP: Rs 2354.52 | LTP: Rs 2441.5
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Cochin Shipyard
VWAP: Rs 1314.63 | LTP: Rs 1359.3