Reliance Industries among 6 largecap stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/7
Trend tracker
On June 16, six largecap stocks appeared in the RSI Trending Up scan, according to data from StockEdge. It is considered a bullish signal when the Relative Strength Index (RSI) crosses above 50 from below. Rising RSI values indicate strengthening momentum in a stock’s price and may signal potential upward movement, helping traders identify possible buying opportunities.
2/7
Divi's Laboratories
RSI: 54.23 | Prev. RSI: 48.68 | CMP: Rs 6,712.5
3/7
Hindustan Unilever
RSI: 53.54 | Prev. RSI: 47.27 | CMP: Rs 2,199.9
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4/7
Avenue Supermarts
RSI: 53.51 | Prev. RSI: 45.55 | CMP: Rs 4,201.3
5/7
Mazagon Dock Shipbuilders
RSI: 51.59 | Prev. RSI: 48.48 | CMP: Rs 2,467.4
6/7
Reliance Industries
RSI: 51.53 | Prev. RSI: 45.69 | CMP: Rs 1,328.8