Four Nifty 500 stocks, including Ipca Laboratories, appeared in an RSI Trending Up scan on October 23, 2026, after their relative strength index readings crossed above 50 from below. The scan listed Ipca at Rs 1,953.30.
Key Takeaways
- Ipca had the highest RSI reading of the four stocks at 54.92.
- ONGC crossed the threshold narrowly, with an RSI of 50.04.
Nifty 500 stocks in the scan
The scan also identified Shree Cement, JSW Cement and Oil & Natural Gas Corporation, or ONGC. Each had a previous RSI reading below 50 and a new reading above that level.
The listed prices provide a snapshot alongside the readings; the scan does not specify the stocks’ price changes or an exact observation time.
| Item | Details |
|---|---|
| Ipca Laboratories | RSI 54.92; previous RSI 48.13; listed price Rs 1,953.30 |
| Shree Cement | RSI 54.00; previous RSI 47.58; listed price Rs 22,735.00 |
| JSW Cement | RSI 53.95; previous RSI 46.23; listed price Rs 116.98 |
| Oil & Natural Gas Corporation | RSI 50.04; previous RSI 45.19; listed price Rs 227.50 |
What the RSI crossing means
The relative strength index is a technical indicator used to assess price momentum and trend strength. A move above 50 from below is considered a sign of strengthening momentum.
The signal describes the indicator’s movement; it does not establish why a stock’s price moved or guarantee that the momentum will continue.
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Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
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