Infosys, Wipro , TCS and 6 other Nifty stocks showing RSI Trending Up
By
Binu Mathew
Momentum Signal
Nine stocks from the Nifty50 pack were highlighted in the RSI Trending Up scan on August 25, based on data from stockedge.com. It is an uptrend signal if the RSI value has crossed above 50 from below. “RSI trending up” means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock. This can indicate potential upward movement and may be used by traders to identify buying opportunities.
