​​L&T among 7 largecaps that closed above VWAP for 3 days, signalling bullish trend​

Roshni Agarwal, ETMarkets.com

Jul 23, 2023

​​Bullish Signs

​VWAP or Volume Weighted Average Price is the average price of a stock, adjusted for its volume. It is calculated during a trading session by considering the total traded value of the stock and dividing it by the number of shares traded. We have collated a list of major largecap where the stock has closed above its VWAP for 3 consecutive days. Further, such a stance is a bullish indicator. Here we have just taken the last VWAP and last close into account. (Source: StockEdge)​Significance for tradersVWAP is an important metric as it offers pricing insight into both the trend as well as the value of a stock.​

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​​L&T​

VWAP: Rs 2566.56 | Closing price as of July 21: Rs 2586.25​

Image Source: ETMarkets.com

​​​ICICI Bank​

​VWAP: Rs 994.46 | Closing price as of July 21: Rs 997​

Image Source: ETMarkets.com

​​​Berger Paints​

​VWAP: Rs 689.41 | Closing price as of July 21: Rs 691.15​

Image Source: ETMarkets.com

​​​ICICI Lombard​

​VWAP: Rs 1406.33 | Closing price as of July 21: Rs 1409.55​

Image Source: ETMarkets.com

​​​BPCL​

​VWAP: Rs 390.22 | Closing price as of July 21: Rs 390.65​

Image Source: ETMarkets.com

​​Kotak Mahindra Bank​

​VWAP: Rs 1969.47 | Closing price as of July 21: Rs 1970.2​

Image Source: ETMarkets.com

​​Asian Paints

VWAP: Rs 3517.09 | Closing price as of July 21: Rs 3517.7

Image Source: ETMarkets.com

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