Hexaware Technologies among 5 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/6
Trend Watch
On June 29, five stocks in the Nifty500 segment that gained over 4% were highlighted in the RSI Trending Up scan, 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 Relative Strength Index (RSI) values are rising, suggesting strengthening momentum in the stock’s price action. This can indicate potential upward movement and is often used by traders to identify buying opportunities in momentum-driven markets.
2/6
Hexaware Technologies
RSI: 58.52 | Prev RSI: 46.69 | CMP: Rs 519.4
3/6
Lloyds Metals & Energy
RSI: 58.12 | Prev RSI: 47.24 | CMP: Rs 1,805.7
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4/6
Central Bank Of India
RSI: 58.11 | Prev RSI: 48.71 | CMP: Rs 33.62
5/6
Linde India
RSI: 55.16 | Prev RSI: 45.95 | CMP: Rs 7,297