8 Nifty Stocks with an Upward Trend in RSI

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According to data from stockedge.com, 8 stocks within the Nifty50 group are showing an 'RSI Trending Up' pattern. This pattern, where the Relative Strength Index (RSI) crosses above 50 from below, signals an uptrend. An increasing RSI value indicates strengthening momentum in a stock's price, potentially pointing to an upward trajectory. Traders often use this as a cue for identifying potential buying opportunities.

Credit: Unsplash

Credit: Unsplash

Dr.Reddy's Laboratories

RSI:

Prev. RSI:

CMP:

61.75

47.47

Rs 5902.1

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NTPC

RSI:

Prev. RSI:

CMP:

54.04

48.98

Rs 308.85

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Ultratech Cement

RSI:

Prev. RSI:

CMP:

53.77

48.51

Rs 9990.5

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Tata Steel

RSI:

Prev. RSI:

CMP:

53.33

42.84

Rs 135.15

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Britannia Industries

RSI:

Prev. RSI:

CMP:

52.6

46.61

Rs 5142.25

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ITC

RSI:

Prev. RSI:

CMP:

50.41

46.17

Rs 463.6

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Grasim Industries

RSI:

Prev. RSI:

CMP:

50.16

45.75

Rs 2071.3

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Hindalco Industries

RSI:

Prev. RSI:

CMP:

50.12

38.44

Rs 565.15