Canara Bank among five stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/6
Trend watch
On June 9, five Nifty200 stocks that gained over 4% were highlighted in the RSI Trending Up scan based on data from StockEdge.com. It is an uptrend signal when the RSI 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 help traders identify buying opportunities.
2/6
Bank of India
RSI: 58.16 | Prev. RSI: 47 | CMP: Rs 147.72
3/6
Canara Bank
RSI: 57.47 | Prev. RSI: 49.03 | CMP: Rs 137.51
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4/6
Bank Of Baroda
RSI: 55.53 | Prev. RSI: 41.06 | CMP: Rs 273.75
5/6
InterGlobe Aviation Ltd
RSI: 55.36 | Prev. RSI: 46.29 | CMP: Rs 4,537.60