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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