Hyundai Motor among 5 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/6
Trend watch
Five stocks from the Nifty500 segment were identified in the RSI Trending Up scan on May 11, 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.
2/6
JSW Dulux
RSI: 60.58 | Prev RSI: 49.38 | CMP: Rs 3,045.2
3/6
Hyundai Motor India
RSI: 56.92 | Prev RSI: 49.96 | CMP: Rs 1,906.9
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4/6
Coal India
RSI: 54.44 | Prev RSI: 49.58 | CMP: Rs 464.45
5/6
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RSI: 52.22 | Prev RSI: 47.17 | CMP: Rs 290.25