A VWAP signal identified HFCL, Sterlite Technologies and Tata Chemicals as three Nifty 500 stocks whose October 21, 2026 closing prices were more than 2% below their respective volume-weighted average prices. ETMarkets reported the findings on October 22, citing StockEdge technical scan data.
Key Takeaways
- The scan flagged three Nifty 500 stocks after the October 21 session.
- HFCL, Sterlite Technologies and Tata Chemicals each closed more than 2% below VWAP.
- VWAP measures the average trading price during a session, weighted by volume.
Table of Contents
Prices flagged by the scan
HFCL’s listed last traded price was Rs 264.78, compared with a VWAP of Rs 271.38. The report also listed Sterlite Technologies at Rs 842.90 against Rs 860.64, and Tata Chemicals at Rs 605.90 against Rs 618.50.
The figures compare each stock’s closing level with its own volume-weighted average for the session, rather than with its previous closing price.
What the VWAP signal measures
VWAP gives greater weight to prices at which more shares changed hands during the day. A close below that measure means the stock finished the session beneath its volume-weighted average traded price.
The reported screen applied a gap of more than 2%, rather than simply identifying stocks that ended marginally below VWAP.
Conclusion
The October 21 scan highlighted below-average closing levels for all three stocks, measured against the prices weighted by that day’s trading volume.
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