Tejas Networks among 6 stocks showing bullish RSI upswing
1/7
Trend watch
On August 28, six Nifty500 stocks that gained over 5% 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
Newgen Software Technologies
RSI: 62.56 | Prev. RSI: 46.26 | CMP: Rs 567.1
3/7
LTM
RSI: 60.82 | Prev. RSI: 49.94 | CMP: Rs 4,675
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4/7
Tejas Networks
RSI: 60.5 | Prev. RSI: 44.6 | CMP: Rs 550.15
5/7
Elgi Equipments
RSI: 58.64 | Prev. RSI: 49.15 | CMP: Rs 628.85
6/7
Container Corporation of India
RSI: 53.13 | Prev. RSI: 40.45 | CMP: Rs 516
7/7
Tata Teleservices (Maharashtra)
RSI: 50.82 | Prev. RSI: 26.9 | CMP: Rs 38.84