JSW Energy among 5 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/6
Trend Watch
Five stocks from the Nifty500 segment that gained over 2.5% were identified using the RSI Trending Up scan on April 13, 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 the Relative Strength Index (RSI) is rising, suggesting strengthening price momentum in the stock. This may signal upward movement and can help traders identify buying opportunities.
2/6
JSW Energy
RSI: 57.2 | Prev RSI: 49.17 | CMP: Rs 509.6
3/6
Honeywell Automation India
RSI: 54.32 | Prev RSI: 49.31 | CMP: Rs 29,300
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4/6
Ajanta Pharma
RSI: 53.43 | Prev RSI: 45.75 | CMP: Rs 2,897.3
5/6
Aditya Birla Fashion and Retail
RSI: 53.3 | Prev RSI: 49.65 | CMP: Rs 61.96