Five Nifty500 stocks, including Ather Energy, closed more than 2.5% below their VWAP on June 8, signalling potential bearish momentum. The move indicates increased selling pressure, as prices ended below the volume-weighted average. The trend, flagged by StockEdge data, is often tracked by traders for short-term technical weakness.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets