Vishal Mega Mart among 4 stocks showing bullish RSI upswing
1/5
Trend watch
Four stocks from the Nifty500 segment that gained over 2% were identified in the RSI Trending Up scan on May 18, based on data from StockEdge.com. An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI trending up” indicates strengthening price momentum, which may signal potential upward movement and help traders identify buying opportunities.
2/5
Vishal Mega Mart
RSI: 53.32 | Prev RSI: 47.92 | CMP: Rs 121.63
3/5
Elgi Equipments
RSI: 50.47 | Prev RSI: 45.79 | CMP: Rs 533.45
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4/5
EIH
RSI: 50.41 | Prev RSI: 45.13 | CMP: Rs 322.5
5/5
Tech Mahindra
RSI: 50.41 | Prev RSI: 41.01 | CMP: Rs 1,430