Vishal Mega Mart among 4 stocks showing bullish RSI upswing
1/5
Trend watch
On August 24, four Nifty500 stocks that gained 4% 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.
2/5
IDBI Bank
RSI: 66.26 | Prev. RSI: 46.2 | CMP: Rs 87.93
3/5
Vishal Mega Mart
RSI: 59.57 | Prev. RSI: 33.81 | CMP: Rs 113.5
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4/5
Capri Global Capital
RSI: 53.14 | Prev. RSI: 42.75 | CMP: Rs 234.32
5/5
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RSI: 52.1 | Prev. RSI: 40.57 | CMP: Rs 562.5