Ipca Laboratories among 5 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/6
Bullish Momentum Scan
On June 3, five Nifty500 stocks that gained more than 3% were highlighted in the RSI Trending Up scan, based on data from stockedge.com. 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 stock's price. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
2/6
Leela Palaces Hotels & Resorts
RSI: 56.48 | Prev. RSI 42.98 | CMP: Rs 424.2
3/6
Eris Lifesciences
RSI: 53.93 | Prev. RSI 49.26 | CMP: Rs 1397.1
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4/6
Indian Bank
RSI: 50.79 | Prev. RSI 43.82 | CMP: Rs 847.9
5/6
Mankind Pharma
RSI: 50.42 | Prev. RSI 42.75 | CMP: Rs 2369.5
