Bullish Signals
On October 19, the closing prices of three stocks in the Nifty 500 pack were more than 1% 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.
The Jammu & Kashmir Bank
VWAP: Rs 137.84 | LTP: Rs 139.35
Zee Entertainment Enterprises
VWAP: Rs 72.45 | LTP: Rs 73.13
Union Bank Of India
VWAP: Rs 179.11 | LTP: Rs 180.7