Signal Desk · Markets

Six Nifty500 stocks show bullish RSI upswing after gains

2026-11-02 · 1 source · Economic Times Markets

In short

Six Nifty500 stocks, including Vedanta Power, were flagged after rising more than 3% on October 30. StockEdge’s RSI scan showed their RSI moved above 50 from below.

This matters because traders often watch RSI for momentum strength. The source does not say which other stocks were included or what happened after the signal.

What the reporting says

Six Nifty500 stocks, including Vedanta Power, appeared in StockEdge's RSI Trending Up scan after gaining over 3% on October 30. The publisher summary says their RSI values crossed above 50 from below, which points to strengthening price momentum. The source does not name all six stocks or say whether the move continued after the scan.

Why it matters

Six Nifty500 stocks, including Vedanta Power, were highlighted after they gained over 3% on October 30 and entered StockEdge's RSI Trending Up scan. The summary says their RSI moved above 50 from below, indicating improving momentum. The available reporting does not identify all six stocks or provide follow-through performance, so the practical market impact is limited to the technical signal described.

Touches: Vedanta Power, Markets, Companies

Sources