On May 29, six Nifty500 stocks were highlighted in the RSI Trending Up scan based on data from StockEdge.com. The signal is triggered when RSI crosses above 50 from lower levels, indicating improving momentum. Rising RSI levels suggest strengthening price action and potential bullish continuation, often used by traders to identify possible buying opportunities.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets