Ather Energy among 4 stocks closed above VWAP, signalling bullish shift

Four stocks with market capitalisation over Rs 10,000 crore, including Ather Energy, closed more than 1% above their Volume Weighted Average Price (VWAP) on July 8, according to StockEdge technical scan data. A closing price above VWAP is widely interpreted by traders as a bullish signal, indicating positive sentiment and the possibility of continued upward momentum. The technical scan highlights potential momentum shifts in these large-cap names.