Dr. Reddy’s among 4 stocks showing bullish RSI upswing
1/5
Trend watch
Four stocks from the Nifty500 segment that gained over 3% were identified using the RSI Trending Up scan on April 23, 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 upward movement and can help traders identify buying opportunities.
2/5
Dr. Reddy's Laboratories
RSI: 65.07 | Prev RSI: 43.21 | CMP: Rs 1,331
3/5
Cipla
RSI: 64 | Prev RSI: 46.1 | CMP: Rs 1,305.9
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4/5
JIO Financial Services
RSI: 55.93 | Prev RSI: 48.67 | CMP: Rs 248.66
5/5
Eris Lifesciences
RSI: 53.97 | Prev RSI: 47.34 | CMP: Rs 1,395.7