VWAP signal
On October 29, the closing prices of four stocks in the Nifty500 pack were more than 1.5% above their respective VWAPs (Volume Weighted Average Prices), according to StockEdge’s technical scan data.
When a stock closes above VWAP, it means its closing price is higher than its volume-weighted average traded price during the day. VWAP gives greater weight to prices at which higher trading volumes occurred.
Tata Capital
VWAP: Rs 314.12 | LTP: Rs 326.35
Lodha Developers
VWAP: Rs 1,017.53 | LTP: Rs 1,045.80
Pidilite Industries
VWAP: Rs 1,386.25 | LTP: Rs 1,422
DLF
VWAP: Rs 677.56 | LTP: Rs 694.35