These 4 shares closed crossing above VWAP on April 4 – Bullish Development
On April 4, the closing costs of 4 shares in Nifty500 pack rallied about 1% relative to the VWAP (Quantity Weighted Common Value), and a shift above the VWAP suggests a possible bullish development, in response to stockedge.com’s technical scan information.
When the closing worth rises above the VWAP, it signifies that the closing worth is greater than the typical worth at which it was traded all through the day, with the typical being weighted by buying and selling quantity. This prevalence is commonly interpreted as a possible bullish sign by merchants and traders. Probably indicating optimistic sentiment available in the market.
