On June 9, five Nifty200 stocks that gained over 4% were highlighted in the RSI Trending Up scan based on StockEdge.com data. The signal is generated when RSI crosses above 50 from lower levels, indicating strengthening momentum. Rising RSI values suggest improving price strength and potential bullish continuation, helping traders identify possible buying opportunities.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets