Emami among 4 stocks closed above VWAP, signalling bullish shift

On July 22, four stocks in the Nifty500 pack closed more than 1% above their Volume Weighted Average Price (VWAP), with Emami among them, according to StockEdge's technical scan data. A closing price above VWAP is viewed as a bullish signal, indicating the stock traded above its volume-weighted average price for the session and may have further upward momentum.