Relative Strength Index (RSI), an oscillator that helps gauge the momentum and possible trend reversals of stock price movements. On July 24, Monday, StockEdge reported that 18 stocks were trending up, and today, ETMarkets brings you the top 10 picks from this list. The RSI is a momentum oscillator that measures the speed and magnitude of price movements.
It ranges between 0 and 100, with readings above 70 indicating overbought conditions and below 30 indicating oversold. A rising RSI trend typically signifies an increasing bullish momentum.ETMarkets' Top 10 Stocks Trending Up 1) ICICI Prudential Life Insurance Company Ltd. (RSI: 55.39, Prev.
RSI: 46.92) 2) Ingersoll-Rand (India) Ltd. (RSI: 53.79, Prev. RSI: 45.25) 3) Adani Ports and Special Economic Zone Ltd.
(RSI: 53.03, Prev. RSI: 49.47) 4) Mahindra & Mahindra Financial Services Ltd. (RSI: 52.99, Prev.
RSI: 46.03) 5) LIC Housing Finance Ltd. (RSI: 52.87, Prev. RSI: 48.7) 6) Page Industries Ltd.
(RSI: 52.74, Prev. RSI: 40.62) 7) Bank Of Baroda (RSI: 52.32, Prev. RSI: 49.79) 8) Coforge Ltd.
(RSI: 51.86, Prev. RSI: 47.18) 9) SBI Cards And Payment Services Ltd. (RSI: 51.78, Prev.
RSI: 44.89) 10) Power Grid Corporation Of India Ltd. (RSI: 51.42, Prev. RSI: 47.12) The data pertaining to stocks with a rising RSI on July 25, Tuesday, will be updated later today.
(Disclaimer: This is an AI generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
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