Federal Bank among 5 stocks closed above VWAP, signalling bullish shift

On July 17, five stocks in the Nifty500 pack rallied more than 1.5% above their Volume Weighted Average Price (VWAP), according to StockEdge's technical scan data. Trading above the VWAP is widely regarded as a bullish technical signal, reflecting strong buying interest and indicating the potential for further upside.