On July 11, 11 shares from the Nifty 500 pack have been highlighted within the RSI Trending Up scan, primarily based on knowledge from StockEdge.com. This scan identifies shares the place the Relative Power Index (RSI) has crossed above 50 from under—a possible sign of strengthening momentum.
An “RSI trending up” signifies that RSI values are rising, suggesting elevated shopping for power and a attainable upward transfer within the inventory. Merchants usually view this as a bullish sign or a possible shopping for alternative.
