Redington among 6 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/7
Momentum Moves
On November 6, in the Nifty500 pack, six stocks 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.
2/7
Redington
RSI: 63.08 | Prev. RSI: 36.73 | CMP: Rs 289.95
3/7
International Gemmological Institute (India)
RSI: 62.36 | Prev. RSI: 42.42 | CMP: Rs 367.7
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4/7
Bajaj Holdings & Investment
RSI: 59.28 | Prev. RSI: 38.07 | CMP: Rs 13,139
5/7
Britannia Industries
RSI: 56.38 | Prev. RSI: 47.02 | CMP: Rs 6,013.5
6/7
Berger Paints India
RSI: 54.87 | Prev. RSI: 48.87 | CMP: Rs 544.45