On June 19, five stocks from the Nifty500 pack rallied over 0.5% relative to their VWAP (Volume Weighted Average Price), signaling a potential bullish trend, according to technical scan data from StockEdge.com.
A closing price above the VWAP indicates that the stock closed higher than the average price at which it was traded during the day, with the average weighted by trading volume. This is often interpreted by traders and investors as a bullish signal, potentially reflecting positive market sentiment.
Here are the stocks that met the criteria:
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