5 stocks showing RSI Trending Up on December 11

5 stocks showing RSI Trending Up on December 11
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On December 11, five stocks from the Nifty200 pack appeared in the RSI Trending Up scan, according to the stockedge.com data. 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. Marico has an RSI of 56.55 with a previous RSI of 47.59 and a current market price of Rs 540.65. Torrent Pharmaceuticals has an RSI of 53.33 with a previous RSI of 49.1 and a current market price of Rs 2078.35. Tata Communications has an RSI of 50.72 with a previous RSI of 48.26 and a current market price of Rs 1707.05. APL Apollo Tubes has an RSI of 50.63 with a previous RSI of 43.75 and a current market price of Rs 1639.85. Vodafone Idea has an RSI of 50.63 with a previous RSI of 46.52 and a current market price of Rs 13.15.

TIS Staff

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