Sun Pharmaceutical among 5 Nifty stocks showing bullish RSI upswing
1/6
Trend watch
On June 17, five stocks in the Nifty50 pack were highlighted in the RSI Trending Up scan, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from lower levels. “RSI trending up” indicates that Relative Strength Index (RSI) values are rising, suggesting strengthening momentum in the stock’s price action. This can indicate potential upward movement and is often used by traders to identify buying opportunities in momentum-driven markets.
2/6
Sun Pharmaceutical Industries
RSI: 54.57 | Prev RSI: 48.98 | CMP: Rs 1,820.4
3/6
Bharat Electronics
RSI: 53.2 | Prev RSI: 41.8 | CMP: Rs 419.85
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4/6
JSW Steel
RSI: 52.27 | Prev RSI: 48.46 | CMP: Rs 1,287.2
5/6
Nestle India
RSI: 51.27 | Prev RSI: 47.16 | CMP: Rs 1,407.3
6/6
Tech Mahindra
RSI: 50.54 | Prev RSI: 48.03 | CMP: Rs 1,462.4