Vishal Mega Mart among 5 stocks showing RSI trending up
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Trend watch
On November 11, five Nifty500 stocks that gained over 4.5% appeared in the RSI Trending Up scan, according to StockEdge data. The signal is triggered when a stock’s Relative Strength Index (RSI) crosses above 50 from below, indicating strengthening price momentum. RSI is a technical indicator traders use to assess price momentum and trend strength.
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Vishal Mega Mart
RSI 56.93 | Prev. RSI 47.44 | CMP Rs 96.79
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Black Box
RSI 55.62 | Prev. RSI 47.76 | CMP Rs 868.20
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Cohance Lifesciences
RSI 54.95 | Prev. RSI 46.53 | CMP Rs 464.10
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Deepak Fertilisers and Petrochemicals Corporation
RSI 53.01 | Prev. RSI 43.49 | CMP Rs 1,249.20
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Central Mine Planning & Design Institute
RSI 50.44 | Prev. RSI 40.59 | CMP Rs 192.85