Five Nifty500 stocks hit RSI trend-up scan after 4.5% gains
In short
Five Nifty500 stocks rose more than 4.5% on November 11 and showed up in StockEdge’s RSI Trending Up scan.
Their RSI moved above 50 from below, which usually means momentum is getting stronger. Traders may watch these stocks for further price moves.
What the reporting says
Five Nifty500 stocks that gained over 4.5% on November 11 appeared in StockEdge’s RSI Trending Up scan, with RSI crossing above 50 from below. The move signals strengthening price momentum in those shares, including Vishal Mega Mart. The source frames the scan as a technical indicator alert for market watchers rather than a fundamental business update.
Why it matters
Five Nifty500 stocks, including Vishal Mega Mart, gained over 4.5% on November 11 and then showed RSI moving above 50 in StockEdge’s RSI Trending Up scan. That points to improving short-term price momentum for the group.