JSW Energy among 6 Nifty500 stocks showing RSI trending up
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Trend watch
On October 29, six stocks from the Nifty500 pack that gained over 5.5% featured in the RSI Trending Up scan, based on data from StockEdge.
The scan identifies stocks whose RSI values have crossed above 50 from below, signalling strengthening momentum. The Relative Strength Index (RSI) is a technical indicator commonly used by traders to assess price momentum and trend strength.
The scan identifies stocks whose RSI values have crossed above 50 from below, signalling strengthening momentum. The Relative Strength Index (RSI) is a technical indicator commonly used by traders to assess price momentum and trend strength.
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JSW Energy
RSI: 58.37 | Prev. RSI: 49.14 | CMP: Rs 510
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Syrma SGS Technology
RSI: 55.55 | Prev. RSI: 46.96 | CMP: Rs 1,669
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Gallantt Ispat
RSI: 52.85 | Prev. RSI: 44.94 | CMP: Rs 572
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City Union Bank
RSI: 52.29 | Prev. RSI: 42.61 | CMP: Rs 226.90
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Tata Capital
RSI: 52.17 | Prev. RSI: 39.19 | CMP: Rs 326.35
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Poonawalla Fincorp
RSI: 51.29 | Prev. RSI: 31.46 | CMP: Rs 441.50