Shriram Finance among 6 stocks showing bullish RSI upswing
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Momentum Picks Up
On April 8, six stocks from the Nifty500 segment that gained over 10% were identified using the RSI Trending Up scan, 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 potential upward movement and can be used by traders to identify buying opportunities.
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Cholamandalam Investment and Finance Company
RSI: 61.03 | Prev. RSI 37.82 | CMP: Rs 1633.8
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Shriram Finance
RSI: 56.63 | Prev. RSI 45.25 | CMP: Rs 1023.2
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4/7
Cholamandalam Financial Holdings
RSI: 54.61 | Prev. RSI 39.59 | CMP: Rs 1554.3
5/7
Bandhan Bank
RSI: 53.98 | Prev. RSI 41.28 | CMP: Rs 164.75
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Force Motors
RSI: 53.22 | Prev. RSI 42.93 | CMP: Rs 22075
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Pine Labs
RSI: 52.87 | Prev. RSI 34.41 | CMP: Rs 174.99