On January 6, the closing costs of 5 shares from the Nifty500 pack dropped by greater than 2.5% relative to the VWAP (Quantity Weighted Common Worth), and a shift under the VWAP suggests a possible bearish pattern, based on stockedge.com’s technical scan knowledge. When the closing worth falls under the VWAP, it signifies that the closing worth is decrease than the typical worth at which it was traded all through the day, with the typical being weighted by buying and selling quantity. This may be seen as a possible indication of elevated promoting strain.
