Radico Khaitan Among 4 Nifty 500 Stocks That Closed Above VWAP
Key Takeaways
- •Kalyan Jewellers India closed above VWAP at Rs 608.35 versus a VWAP of Rs 593.12.
- •Radico Khaitan closed above VWAP at Rs 4,289.7 versus a VWAP of Rs 4,184.39.
- •Jindal Saw closed above VWAP at Rs 257.15 versus a VWAP of Rs 252.62.
- •Pine Labs closed above VWAP at Rs 152.94 versus a VWAP of Rs 150.72.
Radico Khaitan Among 4 Nifty 500 Stocks That Closed Above VWAP
Technical Scan
On July 28, four stocks in the Nifty 500 pack closed above their Volume Weighted Average Price (VWAP), according to data from StockEdge.com. A move above VWAP is often viewed as a potential bullish signal because it means the stock finished the session above the average price at which it traded during the day, with trading volume taken into account.
For market participants, this kind of close is often used as a short-term technical reference point, especially in a broad universe like the Nifty 500 where price action can be screened quickly across multiple names. Traders and investors frequently interpret such a close as a sign of positive market sentiment.
Kalyan Jewellers India
VWAP: Rs 593.12 | LTP: Rs 608.35
Radico Khaitan
VWAP: Rs 4184.39 | LTP: Rs 4289.7
Jindal Saw
VWAP: Rs 252.62 | LTP: Rs 257.15
Pine Labs
VWAP: Rs 150.72 | LTP: Rs 152.94
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