Trend Tracker
On October 5, the closing prices of three stocks in the Nifty 500 pack were more than 1.5% 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.
Physicswallah
VWAP: Rs 128.2 | LTP: Rs 131.1
Chennai Petroleum Corporation
VWAP: Rs 1375.59 | LTP: Rs 1401
ITC
VWAP: Rs 264.07 | LTP: Rs 268.9