SBI among 7 Nifty stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/8
Trend watch
Seven stocks from the Nifty50 segment were identified in the RSI Trending Up scan on May 6, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI trending up” indicates strengthening price momentum, which may signal potential upward movement and help traders spot buying opportunities.
2/8
Tata Motors Passenger Vehicles
RSI: 58.47 | Prev RSI: 47.95 | CMP: Rs 358.15
3/8
Dr. Reddy's Laboratories
RSI: 55.92 | Prev RSI: 49.34 | CMP: Rs 1,311
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4/8
Eternal
RSI: 55.87 | Prev RSI: 49.87 | CMP: Rs 256.05
5/8
State Bank Of India
RSI: 54.26 | Prev RSI: 44.45 | CMP: Rs 1,096
6/8
Shriram Finance
RSI: 53.23 | Prev RSI: 46.08 | CMP: Rs 1,004.1
7/8
Interglobe Aviation
RSI: 53.08 | Prev RSI: 40.84 | CMP: Rs 4,520.2