Bharat Heavy Electricals among 5 stocks showing bullish RSI upswing
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Trend watch
On August 12, five Nifty500 stocks that gained over 3.5% were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock's price. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
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Bharat Heavy Electricals
RSI: 57.75 | Prev. RSI: 47.29 | CMP: Rs 420
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Vodafone Idea
RSI: 54.98 | Prev. RSI: 39.91 | CMP: Rs 13.50
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4/6
Bank Of Maharashtra
RSI: 54.05 | Prev. RSI: 43.39 | CMP: Rs 81.87
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Supreme Petrochem
RSI: 53.29 | Prev. RSI: 37.71 | CMP: Rs 725.65
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Nava
RSI: 53.12 | Prev. RSI: 45.16 | CMP: Rs 589.20