VWAP signal
On October 8, the closing prices of four stocks from the Nifty 500 pack fell more than 2% below their respective VWAPs (Volume Weighted Average Prices), according to StockEdge’s technical scan data.
VWAP represents the average price at which a stock traded during the day, weighted by trading volume. A closing price below VWAP indicates that the stock ended the session below its volume-weighted average traded price.
Black Box
VWAP: Rs 876.75 | LTP: Rs 856.55
K.P.R. Mill
VWAP: Rs 1,077.84 | LTP: Rs 1,053.3
Chennai Petroleum Corporation
VWAP: Rs 1,564.94 | LTP: Rs 1,531
Ambuja Cements
VWAP: Rs 348.45 | LTP: Rs 341