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.

Nifty resisted at 5740

Upmove is intact. But Nifty got resisted and made a high of 5735 and closed at 5703. It could not cross 5740 range. Any upmove from here will confirm the bullissness.
Nifty SAR is now at 5618. On the lower side breaking 5630-40 range will be decider.