Sun Pharma among 6 stocks showing bullish RSI upswing
1/7
Technical Pick
On April 27, six stocks from the Nifty 500 segment that gained over 6% 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.
2/7
Shyam Metalics And Energy
RSI: 64.07 | Prev. RSI: 49.44 | CMP: Rs 886.15
3/7
L&T Technology Services
RSI: 57.95 | Prev. RSI: 48.36 | CMP: Rs 3,589.80
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4/7
Newgen Software Technologies
RSI: 57.50 | Prev. RSI: 48.31 | CMP: Rs 491.55
5/7
Mahindra & Mahindra Financial Services
RSI: 54.83 | Prev. RSI: 40.98 | CMP: Rs 317.70
6/7
Sun Pharmaceutical Industries
RSI: 54.07 | Prev. RSI: 33.27 | CMP: Rs 1,733.50
7/7
Anant Raj
RSI: 53.20 | Prev. RSI: 42.83 | CMP: Rs 500.90