Bombay Burmah Trading among 4 stocks showing bullish RSI upswing
1/5
Bullish momentum builds
On August 27, four Nifty500 stocks that gained over 4% were identified using 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” indicates that the Relative Strength Index (RSI) is rising, suggesting strengthening price momentum in the stock. This may signal potential upward movement and can be used by traders to identify buying opportunities.
2/5
Bombay Burmah Trading Corporation
RSI: 72.13 | Prev. RSI 33.13 | CMP: Rs 1613.6
3/5
Whirlpool Of India
RSI: 65.63 | Prev. RSI 44.38 | CMP: Rs 841.15
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4/5
NMDC Steel
RSI: 60.66 | Prev. RSI 45.21 | CMP: Rs 44.99
5/5
Wockhardt
RSI: 56.58 | Prev. RSI 47.76 | CMP: Rs 1962