Firstsource Solutions, ITI among 10 stocks that showed RSI Trending Up on August 7
By Ritesh Presswala, ETMarkets.com |
1/11
On Radar
On August 7, in the Nifty500 pack, 18 stocks were highlighted in the RSI Trending Up scan, based on data from stockedge.com, with the top 10 stocks highlighted. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
2/11
Firstsource Solutions
RSI: 60.54 | Prev. RSI 49.55 | CMP: Rs 369.85
3/11
ITI
RSI: 59.18 | Prev. RSI 45.01 | CMP: Rs 320.3
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4/11
Glenmark Pharmaceuticals
RSI: 54.87 | Prev. RSI 49.92 | CMP: Rs 2062.8
5/11
Gravita India
RSI: 54.37 | Prev. RSI 48.69 | CMP: Rs 1839.4
6/11
Gujarat Mineral Development Corporation
RSI: 52.7 | Prev. RSI 46.56 | CMP: Rs 413.95
7/11
Acme Solar Holdings
RSI: 52.68 | Prev. RSI 45.64 | CMP: Rs 276.8
8/11
Lupin
RSI: 52.4 | Prev. RSI 36.27 | CMP: Rs 1944.2
9/11
Ultratech Cement
RSI: 52.22 | Prev. RSI 49.87 | CMP: Rs 12273
10/11
Brainbees Solutions
RSI: 52.19 | Prev. RSI 46.03 | CMP: Rs 366.75