The GAP area acted as support again and Nifty managed to close above previous day's High.
Look for a confirmation on Monday above today's high.

Nifty breaks the Channel

Nifty must break 5815

Nifty must break Oct'12 peak of 5815 for further weakness. On 18th Dec also it took support from this level and jumped back. 1st support at 5840, then 5815.

SAR Hit

Sar is hit again. Market in sell mode. MACD gave sell signal 3 days back.