
On September 10, the closing prices of seven stocks in the Nifty500 pack rallied more than 1% above their VWAP (Volume Weighted Average Price). According to technical scan data from StockEdge, a close above the VWAP indicates a potential bullish trend.When the closing price rises above the VWAP, it means the stock closed higher than the average price at which it was traded throughout the day, with the average weighted by trading volume. Traders and investors often interpret this as a bullish signal, suggesting positive market sentiment. Bullish Trend