TCS among 6 stocks showing bullish RSI upswing
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Trend watch
On June 2, six Nifty500 stocks that gained 5% or more were highlighted in the RSI Trending Up scan based on data from StockEdge.com. It is an uptrend signal if the RSI value has crossed above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
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Newgen Software Technologies
RSI: 66.35 | Prev. RSI: 41.03 | CMP: Rs 518.1
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Tata Consultancy Services
RSI: 59.46 | Prev. RSI: 40.8 | CMP: Rs 2,446.9
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Concord Biotech
RSI: 56.23 | Prev. RSI: 40.63 | CMP: Rs 1,166.2
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Zensar Technologies
RSI: 54.67 | Prev. RSI: 41.11 | CMP: Rs 519.95
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Data Patterns (India)
RSI: 53.94 | Prev. RSI: 47.48 | CMP: Rs 4,025.2
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Birlasoft
RSI: 52.59 | Prev. RSI: 42.99 | CMP: Rs 344.8