TCS among 5 stocks showing RSI trending up
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Trend watch
On October 13, five stocks from the Nifty500 pack that gained over 6% appeared in the RSI Trending Up scan, based on data from StockEdge.
The scan identifies stocks whose RSI values have crossed above 50 from below, indicating strengthening momentum. The Relative Strength Index is a technical indicator commonly used by traders to assess price momentum and trend strength.
The scan identifies stocks whose RSI values have crossed above 50 from below, indicating strengthening momentum. The Relative Strength Index is a technical indicator commonly used by traders to assess price momentum and trend strength.
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HCL Technologies
RSI: 62.89 | Prev. RSI: 45.86 | CMP: Rs 1,326
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Tata Consultancy Services
RSI: 61.55 | Prev. RSI: 46.71 | CMP: Rs 2,269.30
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Birlasoft
RSI: 58.96 | Prev. RSI: 43.74 | CMP: Rs 296.75
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Elecon Engineering Company
RSI: 51.27 | Prev. RSI: 38.80 | CMP: Rs 440
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Bandhan Bank
RSI: 50.54 | Prev. RSI: 35.67 | CMP: Rs 172