Daily Boillinger Band:
Nifty has moved above the middle point and closed comfortably above it. It may target a minimum of the upper boundary of the Boilinger band which is currently at 5255.44 and rising. Lower boundary is at 5008.22 and middle point is at 5131.83. Middle point may pose support in the case of extreme fluctuations today.
Hourly Boillinger Band:
Whole of the day Nifty stayed comfortably above the middle line and is slightly below the upper boundary which is sharply rising. This may continue for some time too.
Hourly Boillinger Band:
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