Adani Enterprises, Nykaa among 10 stocks with RSI trending up

When it comes to making informed investment decisions in the stock market, investors often rely on a plethora of tools and indicators. One such tool that's gained immense popularity among traders and investors is the Relative Strength Index (RSI). On September 5, Tuesday, StockEdge reported 30 stocks with a trending-up RSI, and we've selected 10 of these stocks for your consideration.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI values range from 0 to 100 and are typically used to identify overbought or oversold conditions in a stock. Here's why RSI is crucial for assessing stock movement:

Now, let's take a closer look at the 10 stocks that are currently trending up in RSI:


1. Union Bank Of India
RSI: 53.21
Prev. RSI: 49.36

2. Bajaj Auto Ltd.
RSI: 52.4
Prev. RSI: 45.89

3. Zydus Lifesciences Ltd.
RSI: 51.85
Prev. RSI: 43.93

4. Hinduja Global Solutions Ltd.
RSI: 51.58
Prev. RSI: 41.01

5. Lux Industries Ltd.
RSI: 50.93
Prev. RSI: 46.28

6. Orient Electric Ltd.
RSI: 50.81
Prev. RSI: 49.06

7. Happiest Minds Technologies Ltd.
RSI: 50.33
Prev. RSI: 49.67

8. HDFC Asset Management Company Ltd.
RSI: 50.32
Prev. RSI: 48.39

9. FSN E-Commerce Ventures Ltd.
RSI: 50.3
Prev. RSI: 43.23

10. Adani Enterprises Ltd.
RSI: 50.23
Prev. RSI: 48.07

Please note that the data pertaining to stocks with RSI trending up on September 6, Wednesday, will be updated later today.

(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)