Kalyan Jewellers among 4 stocks closed above VWAP, signalling bullish shift

On July 9, four Nifty500 stocks including Kalyan Jewellers closed more than 2.5% above their Volume Weighted Average Price (VWAP), according to StockEdge technical scan data. A close above VWAP is interpreted by traders as a bullish signal, suggesting potential continued upward momentum as the stock trades above its volume-weighted average price for the session.