IIFL Finance among 4 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/5
Trend watch
Four stocks from the Nifty500 segment were identified in the RSI Trending Up scan on April 30 after gaining over 2%, 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.
2/5
Motherson Sumi Wiring India
RSI: 54.56 | Prev RSI: 49.97 | CMP: Rs 40.54
3/5
Tata Capital
RSI: 54.06 | Prev RSI: 47.33 | CMP: Rs 333.15
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