By Ajay ji
On June 10, the closing prices of four Nifty500 stocks rallied over 1% above their respective VWAP (Volume Weighted Average Price), indicating a potential bullish trend, according to technical scan data from StockEdge.com.
A closing price above the VWAP suggests the stock ended the day higher than its average traded price, weighted by volume. This is often interpreted as a bullish signal, potentially reflecting positive market sentiment.
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ByAjay ji
