The all important 4650 levels held on a closing basis though marginally broken intra day. So we hang on to the long term bullishness till it is broken decisively
The support line of the falling channel, which now has support at 4522, should be tested before the next leg up . If fails to test then would amount to 'return failure' which in this case is bullish.
follow me on twitter http://twitter.com/#!/lucksr
Happy Trading !!