HFCL among 3 stocks closing above VWAP
On October 09, the closing prices of three stocks in the Nifty 500 pack were more than 2% 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. Trend watch
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