On October 28, within the Nifty200 pack, eight stocks were identified in the RSI Trending Up scan, according to data from StockEdge.com.
An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI trending up” indicates that the Relative Strength Index (RSI) is rising, suggesting strengthening momentum in the stock’s price. This can point to potential upward movement and may help traders identify buying opportunities.