These 4 stocks close crossing below VWAP on April 10

6 months ago 53

Bearish Signals

On April 10, the closing prices of four stocks from Nifty500 dropped by more than 1.5% relative to the VWAP (Volume Weighted Average Price), and a shift below the VWAP suggests a potential bearish trend, according to stockedge.com's technical scan data. When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This can be seen as a potential indication of increased selling pressure.

Image Source: ETMarkets.com

Anand Rathi Wealth

VWAP: Rs 3984.84| LTP: Rs 3907.15

Image Source: ETMarkets.com

Castrol India

VWAP: Rs 224.4| LTP: Rs 220.45

Image Source: ETMarkets.com

Welspun Living

VWAP: Rs 155.56| LTP: Rs 153.15

Image Source: ETMarkets.com

National Aluminium Company

VWAP: Rs 185.5| LTP: Rs 182.7

Image Source: ETMarkets.com

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