Swiggy among 5 stocks showing bullish RSI upswing
By Ritesh Presswala, ETMarkets.com |
1/6
Trend Watch
On July 7, five stocks from the Nifty500 segment that gained over 3% 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
Swiggy
RSI: 61.55 | Prev RSI: 47.32 | CMP: Rs 266.27
3/6
Havells India
RSI: 60.8 | Prev RSI: 49.9 | CMP: Rs 1,225
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4/6
Natco Pharma
RSI: 60.49 | Prev RSI: 47.96 | CMP: Rs 984.15
5/6
Latent View Analytics
RSI: 53.32 | Prev RSI: 45.46 | CMP: Rs 301.05