Patanjali Foods among 4 stocks showing RSI uptrend

On September 16, four stocks from the Nifty500 pack that gained over 3% featured in the “RSI Trending Up” scan, based on data from StockEdge. An uptrend signal occurs when the RSI crosses above 50 from below. “RSI Trending Up” indicates that the Relative Strength Index (RSI) is rising, signalling strengthening price momentum. RSI is a technical indicator commonly used by traders to assess price momentum and trend strength.