Nifty in Buy territory

Yesterday Nifty took support at 20D SMA and jumped to positive territory.  Tough days ahead.
Correction from 5815 to 5636 was not that deep. So this bull run is set to show new highs.

Nifty near 20D SMA

The correction is consuming more time. It seems like a flat correction. Today Nifty closed at 5652. Immediate support being 20D SMA at 5633. Next target is at 38% being 5587.

			Rise	0.236%	0.380%	0.500%	0.618%
Nifty	5216	5815	599	5674	5587	5516	5445

Nifty SAR triggered

Nifty SAR at 5690 triggered. Market in sell mode.

Nifty manages to close above 5740

Nifty still managed to close above 5740. Weakness only below 5700-5680 where SAR lies. 

UPDATE: Nifty is already below 5740 in the morning. Day will tell if it holds 5700-5680 or not.