Nifty Analysis

Nifty is trading above the upper trend line of Hour TSI. The hourly trend is up. The trend turns down only below 4730.



Nifty closed above the lower line of Day TSI. The trend is still down. Since it has crossed the lower line, we can expect it to move till middle line which is at 5050.



The Lower trend line of Week TSI is at 5020. Hence Nifty can move towards this target.



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