Eternal among 6 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/7
Trend watch
On June 4, six Nifty500 stocks that gained more than 3% were highlighted in the RSI Trending Up scan based on data from StockEdge.com. It is an uptrend signal if 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.
2/7
Eternal
RSI: 55.54 | Prev. RSI: 49.24 | CMP: Rs 254.35
3/7
Titan Company
RSI: 53.39 | Prev. RSI: 43.59 | CMP: Rs 4,231
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4/7
RHI Magnesita India
RSI: 52.96 | Prev. RSI: 45.29 | CMP: Rs 401.15
5/7
Engineers India
RSI: 51.83 | Prev. RSI: 45.65 | CMP: Rs 237.67
6/7
Physicswallah
RSI: 50.44 | Prev. RSI: 29.23 | CMP: Rs 106.46