On April 23, the closing prices of four Nifty500 stocks declined more than 1.5% below their respective VWAPs (Volume Weighted Average Prices), signaling potential bearishness, according to technical scan data from stockedge.com.
A stock closing below its VWAP indicates that it ended the day trading below the average price at which it was bought and sold, weighted by volume — often viewed as a sign of selling pressure. Here are the four stocks that dropped below their VWAPs: VWAP: Rs 104.86 | LTP: Rs 103.
18 VWAP: Rs 108.98 | LTP: Rs 107.26 VWAP: Rs 969.
35 | LTP: Rs 956.10 VWAP: Rs 1,786.44 | LTP: Rs 1,762.
60.