Hero MotoCorp among 7 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/7
Trend Watch
Seven stocks from the Nifty500 segment were identified in the RSI Trending Up scan on May 7, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI trending up” indicates strengthening price momentum, which may signal potential upward movement and help traders spot buying opportunities.
2/7
Hero MotoCorp
RSI: 56.69 | Prev RSI: 49.27 | CMP: Rs 5,343
3/7
Kotak Mahindra Bank
RSI: 51.67 | Prev RSI: 49.51 | CMP: Rs 379.4
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4/7
Ambuja Cements
RSI: 50.96 | Prev RSI: 49.2 | CMP: Rs 450.65
5/7
Bharat Electronics
RSI: 50.82 | Prev RSI: 49.84 | CMP: Rs 439.45
6/7
Ashok Leyland
RSI: 50.75 | Prev RSI: 47.56 | CMP: Rs 170.78