Vedanta Aluminium Metal among five Nifty200 stocks with RSI crossing above 50

On November 8, Vedanta Aluminium Metal was among five Nifty200 stocks listed in StockEdge's RSI Trending Up scan after their Relative Strength Index crossed above 50 from below. StockEdge data showed that all five stocks had gained over 0.5%. The listing gave Vedanta Aluminium Metal's RSI and current market price but not its individual gain.

Vedanta Aluminium Metal recorded an RSI of 53.53

For the November 8 scan, StockEdge data recorded Vedanta Aluminium Metal's RSI at 53.53, up from the earlier reading of 49.84. The same entry reported the current Vedanta Aluminium Metal share price at ₹383.20.

Tata Communications recorded an RSI of 51.29

Tata Communications was recorded at an RSI of 51.29 in the November 8 scan, compared with its previous reading of 49.55, as StockEdge data showed. Its current market price was ₹1,716.60.

Life Insurance Corporation of India recorded an RSI of 51.17

StockEdge data for November 8 placed Life Insurance Corporation of India's RSI at 51.17, against an earlier reading of 49.32. The entry gave the company's current market price as ₹396.85.

Cochin Shipyard recorded an RSI of 51.14

Cochin Shipyard's November 8 scan entry showed an RSI of 51.14, compared with 48.46 previously, according to StockEdge data. Its current market price was ₹1,236.50.

Samvardhana Motherson International recorded an RSI of 50.15

Samvardhana Motherson International was listed with an RSI of 50.15 in the November 8 scan, versus a previous reading of 49.07, StockEdge data showed. The company's current market price was ₹159.40.

All five stocks gained over 0.5% on November 8

StockEdge data showed that each of the five Nifty200 stocks in the RSI Trending Up scan had gained over 0.5% on November 8. The data did not provide an individual gain figure for Vedanta Aluminium Metal.

The scan tracks RSI crossings above 50

StockEdge data showed that the RSI Trending Up signal was triggered when a stock's Relative Strength Index crossed above 50 from below. IANS described the Relative Strength Index as a technical indicator used to assess price momentum and trend strength.